NB Distressed Debt Investment Fund has raised USD197.2m and unconditional dealings in its ordinary shares will commence trading on the Specialist Fund Market of the London Stock Exchange today. NB Distressed Debt Investment Fund is a closed-ended investment company incorporated in Guernsey. The company is managed by Neuberger Berman Europe,

Healthrageous, a personalised health technology company, has completed a USD6m series A financing led by North Bridge Venture Partners along with investment partners Egan Managed Capital and Long River Ventures. Proceeds will be used to commercialise a health technology platform that provides personalised, interactive, motivational self-management tools which help individuals

Los Angeles-based private equity firm Transom Capital Group has acquired Uncle Milton Industries, a toy manufacturer. Uncle Milton sells its products worldwide through mass merchandisers such as Toys ‘R’ Us and Target as well as through several thousand specialty toy stores. One of its most famous products is the Ant

Dow Jones and Glocap Search will produce a joint private equity compensation report for the first time. Due in November 2010, the Dow Jones Private Equity Analyst-Glocap Compensation Report will combine the research capabilities and industry knowledge of Dow Jones with Glocap’s compensation expertise. "Glocap has an intimate understanding of

Graphite Capital, a UK mid-market private equity specialist, is funding the development of London Square, a new house-builder focused on prime sites within the M25. The company has been formed to capitalise on the recovery in the London housing market.  Graphite will provide up to GBP50m of equity capital for

Coresonic, a provider of baseband processor technology, has raised SEK20m in an issue of new shares. The round was led by SEB Venture Capital and attracted further financing from existing investor Industrifonden. The capital will enable Coresonic to drive the international sales expansion and continue building a strong technology platform.

RoundTable Healthcare Partners’ portfolio company Aspen Surgical Products has entered into an agreement with Becton Dickinson to acquire the Bard-Parker surgical blades and scalpels business. BD is a medical technology company that develops, manufactures and sells medical devices, instrument systems and reagents. The transaction is expected to be completed by

RoundTable Healthcare Partners has entered into an agreement with Becton Dickinson to acquire the ophthalmic systems unit, a business within the BD medical segment. BD is a medical technology company that develops, manufactures and sells medical devices, instrument systems and reagents. The transaction is expected to be completed by 30

JackRabbit Systems, a developer of online travel software for destination and travel portal websites, has closed a round of USD1.33m private equity funding co-led by Kickstart Seed Fund and Sun Mountain Capital. The funding will support the national growth plans of the company. "JackRabbit Systems combines a savvy, high-quality entrepreneur