Macquarie Group has entered into an agreement to acquire 100 per cent of the membership interests in Presidio Partners, a US-based real estate private capital raising and advisory firm. Terms of the transaction were not disclosed and the transaction is expected to close in the fourth quarter of 2010, subject

The Private Equity Council has added 18 new members and has changed its name to the Private Equity Growth Capital Council. The council earlier this year launched a major effort to broaden membership beyond the founding firms. In the last few months, the following new members have joined: Avista Capital

Winshuttle, the ERP usability company, has raised USD12m in growth equity financing from Summit Partners. The funding will be used to accelerate the company’s expansion.   Founded in 2003, Winshuttle has designed solutions such as Winshuttle Transaction, Query, and the new Studio suite, allowing non-technical users to solve critical data

Harbinger Group and Harbinger Capital Partners have reached a definitive agreement for the transfer of Harbinger Capital Partners’ majority interest in consumer products company Spectrum Brands to Harbinger Group. Harbinger Group is a publicly-traded holding company majority-owned by Harbinger Capital Partners. Harbinger Capital Partners views Harbinger Group as an efficient,

VoltDB, a developer of high-scale database systems, has closed USD5m in financing from Kepha Partners and Sigma Partners. VoltDB will use the additional capital to grow adoption and build community awareness of its open-source database software. VoltDB’s database design allows companies to scale database performance. The system can process millions

There has been a significant increase in the percentage of pension portfolios investing in alternatives when compared to the previous two years, a poll by SEI suggests. In 2008, 51 per cent of pension executives surveyed said their pension portfolio was invested in alternatives. In 2009 the percentage increased to

Kareo, a provider of web-based medical billing software for physicians in the US, has closed an investment by Boston venture capital firm OpenView Venture Partners.  OpenView’s recent investment of growth capital, together with its earlier stock purchase from a prior investor, brings OpenView’s total investment to USD9.5m.  Kareo will use

Transatlantic restructuring activity is set to increase in line with refinancing difficulties over the next 12 months, according to a study released by Debtwire in association with Merrill DataSite. Based on a series of interviews with 125 financial and legal advisers across North America and Europe, the Transatlantic Restructuring Outlook

French venture capital firm Seventure Partners has completed the restructuring of its legacy holdings into a new vehicle ahead of the liquidation of its retail and institutional funds of vintage 2000, 2001 and 2002. Several funds under its management have sold all of their minority shareholdings within five companies to