Several private equity investors have acknowledged support for the Cloud Communications Alliance, a consortium of eight companies that aims to drive development and adoption of the first nationwide high-definition enterprise voice and data network in the IP cloud. The alliance was launched at the Cloud Computing Expo being held this

Base10 Capital Advisors has added private equity fundraising as an expansion of services to owners, developers and investors of mid-market commercial properties. The company says that by connecting clients with high net-worth sources of private equity fundraising, it fills a void that exists in the Western Canadian commercial real estate

Providing entrepreneurs in developing countries access to financial services is crucial, Princess Máxima of the Netherlands has told the conference Be Social, Make Profit: Financing the Future of Developing Economies. At the conference, held to mark the 40th anniversary of Dutch entrepreneurial development bank FMO, Dutch Foreign Affairs Minister Maxime

Omers Private Equity has agreed to acquire United States Infrastructure from funds affiliated with Kohlberg. United States Infrastructure is a provider of outsourced sub-surface utility locating services in the US. The company provides locating services across 20 states on behalf of over 400 telecom, electric, gas, cable and water utilities,

A prolonged period of pricing stability, increased lending and the General Election mean the number of transactions is set to rapidly increase by the end of the year, according to the latest Private Company Price Index and Private Equity Price Index from accountants and business advisors BDO. According to the

Private equity firm Riverside has opened an office in Melbourne, Australia as part of Riverside Asia Fund. The new office will focus principally on finding and evaluating attractive middle market opportunities in Australia, strengthening Riverside’s presence in the Asia Pacific region. The Melbourne office complements RAF offices in Hong Kong,

EnCap Investments, a Texas-based oil and gas private equity firm, and its partner Flatrock Energy Advisors have closed EnCap Energy Infrastructure Fund with total capital commitments of USD791.6m. The fund provides growth capital to proven management teams focused on the midstream sector of the oil and gas industry in North

Knewton, an educational technology company, has completed a USD12.5m round of funding led by FirstMark Capital, a New York City-based venture capital firm. Returning investors include Accel Partners, Bessemer Venture Partners, First Round Capital, and angel investor Reid Hoffman. Knewton’s new financing will accelerate expansion to meet the demand for

Celtic Pharmaceutical Holdings says several preclinical studies demonstrate statistically significant tumour regression and prolongation of survival following treatment with Xerecept in combination with Avastin, compared to Avastin alone. The animal studies were conducted at Duke University and the Piedmont Research Centre using solid human tumours including breast and colon xenografts