DN Capital, a media and technology early stage and growth capital investor, has invested in Apsmart, a provider of solutions for the rapidly expanding smartphone market. Apsmart is a professional service and solution provider for high-end smartphone platforms and develops applications for organisations seeking to execute products on mobile devices.

Diamond Microwave Devices, a spin out from the diamond electronics team in Element Six Technologies, has closed a GBP1.3m equity investment from a consortium consisting of Oxford Technology Management, YFM, the ERA Foundation and two private investors. During the course of 2009, DMD has made various performance breakthroughs in its

The Private Equity Foundation has joined forces with European buyout firm Cinven to give follow-on funding to its portfolio charity, School-Home Support.  It brings PEF’s total contribution to School-Home Support to over GBP900,000, which is enabling the charity to double the number of pupils it helps to make the most

Sina, an online media company and mobile service provider for China and the global Chinese communities, has completed the subscription for ordinary shares by New-Wave Investment pursuant to an agreement signed in September 2009. New-Wave is a British Virgin Islands company established and controlled by Charles Chao (pictured), Sina’s president

Schibsted is selling its shares in Basefarm to private equity fund Reiten Capital Partners VII. The new majority owner, which is acquiring 72 per cent of the shares, has ambitious plans for the internet operations company.   “This is a milestone in the company’s almost ten-year history as a specialist

Origo Sino-India and Origo Resource Partners have acquired a 21 per cent stake in Gobi Coal and Energy for an aggregate amount of USD15m.    OSI has invested USD4.5m for an approximate 6.4 per cent shareholding and ORP has invested USD10.5m for an approximate 14.9 per cent shareholding.  Upon completion

Consulting and investment company Firm Economics has formed CubeLogic, a firm that combines a major offshore development centre in Brazil with a team of risk specialists. Firm Economics is owned by industry veteran David Priestley, founder of Raft International, and Terry Boyland, a former J.P Morgan global business manager. The

Edmond de Rothschild Investment Partners has completed the final closing of its Winch Capital 2 development capital fund for EUR250m. This follows a first closing on 30 June 2009 for EUR175m.   The firm managed to raise EUR250m in less than eight months.   Pierre-Michel Passy (pictured), chairman of Edmond

Heritage Capital, the merchant banking division of family-owned Banque Heritage of Switzerland, has launched its first Latin American office in São Paulo, Brazil. The firm’s objective in the region and in Brazil is to offer merchant banking advisory services to the ever-increasing segment of growth-stage, middle-market companies and mid-sized financial