Tailwind Capital, a private equity firm focused on growing companies in the healthcare, business services and media/communications sectors, has completed an investment in SDI Health. SDI is a healthcare analytics provider based in Plymouth Meeting, Pennsylvania. Tailwind joins SDI founder Andrew Kress and Philadelphia-based LLR Partners as investors in the

Hercules Technology Growth Capital, a finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies, has committed to provide Labcyte with USD5.5m in credit facilities. “Hercules believes the life science research and development market presents a huge opportunity for Labcyte. In 2008,

The performance of private equity and venture capital investments improved in the quarter ending 30 June 2009, but difficult economic conditions continued to challenge both asset classes, according to Cambridge Associates. During the second quarter of 2009, the Cambridge Associates Private Equity Index earned its best return since the end

J.P. Morgan has been appointed by New York-based Greylock Capital Management to provide private equity fund administration. Greylock Capital is an alternative asset manager focused on emerging markets in Africa, Asia, Eastern Europe and Latin America. J.P. Morgan Private Equity Fund Services will provide Greylock Capital with a set of

DN Capital, a media and technology early stage and growth capital investor, has completed a series A investment into Target 250, a global supplier of demand generation services for business-to-business technology firms.  DN Capital’s equity investment is the first institutional capital investment in Target 250, which will use this strategic

Apprenda, the creator of the world’s first SaaS application server, has closed a USD5m investment round led by global venture capital firm New Enterprise Associates. Existing investor High Peaks Venture Partners also participated in the round of funding. SaaSGrid provides a solution to the architecture and management complexities of delivering

Global private equity firm The Carlyle Group has agreed to purchase OpenLink Financial, a software developer for the commodity, energy and financial services industries, from TA Associates. The terms of the transaction were not disclosed. The transaction is expected to close in the fourth quarter. Founded in 1992, OpenLink is

An investor group led by General Atlantic and affiliates of Kohlberg Kravis Roberts, in partnership with the management team of Tasc, have signed a definitive agreement to acquire 100 per cent of Tasc from Northrop Grumman in a transaction valued at USD1.65bn. Founded in 1966, Tasc today generates approximately USD1.6bn

China, technology and private equity are likely to drive IPO activity over the next 12 months, according to the Ernst & Young Institutional Investor IPO survey. Investors believed a handful of IPO markets worldwide would show recovery by the end of 2009. China (75 per cent of respondents), India (57

Nigel Hugill and Robin Butler have established Urban&Civic, a UK real estate firm backed by private equity house GI Partners.  GI Partners recently closed its third fund, GI Partners Fund III, raising USD1.9bn. This fund will provide the investment capital for Urban&Civic. Sources close to the deal indicated that GI