Infinity Group has launched Chongqing Infinity Funds, cooperations between Infinity Group and the Chongqing Banan District People’s Government that will be available both in RMB and US dollars. The Chongqing Infinity RMB Fund is Infinity’s 11th city-level RMB fund. It is also Infinity’s first fund in China managed by its

DryShips has acquired 3,000,856 shares of OceanFreight Inc. The shares were acquired from entities controlled by Anthony Kandylidis, the CEO of OceanFreight, under a purchase agreement entered into on July 26, 2011. These shares represent a majority of the outstanding shares of OceanFreight. The consideration paid by DryShips for each

Brynwood Partners VI LP’s portfolio company, High Ridge Brands Co – owner of the North American Zest personal cleansing franchise – is to acquire the Alberto VO5 brand and marketing rights in the US and Puerto Rico from Unilever. In addition, High Ridge will also acquire the rights to the

Funds advised by HIG European Capital Partners LLP and its debt affiliate, Bayside Capital, have acquired Bezier, the UK’s largest provider of integrated point of sale marketing services.   The transaction was facilitated by the acquisition of Bezier’s senior debt with a face value of over GBP70 million, and will

Vector Capital is to acquire Motorola Solutions’ Point-to-Point (PTP or Orthogon) and Point-to-Multipoint (PMP or Canopy) Wireless Broadband Networks businesses for an undisclosed amount. The transaction is expected to be completed as early as the end of September and is subject to customary closing conditions. The Motorola PTP and PMP

Signal Peak Ventures, a newly-established venture fund manager, is forming a new fund focused on early-stage investment opportunities in the Intermountain region. The fund is backed by a syndicate of limited partners led by StepStone Group. Simultaneously with its formation, Signal Peak acquired substantially all of the venture capital assets

The MENA Private Equity Association has launched a free directory aimed at entrepreneurs and businesses looking for venture capital funding. Over 50 VC firms, angel investors, business incubators and technology parks are represented in the online directory, which will be continuously updated as the venture capital ecosystem expands. 

 MENA’s

European private equity firm, Cinven, has completed the sale of Phadia Group, the leading in-vitro allergy diagnostics company based in Uppsala (Sweden), to Thermo Fisher Scientific Inc. Cinven announced the agreement to sell Phadia Group in May 2011 for an enterprise value of EUR2.47 billion. Cinven’s Healthcare team led the