Sina, an online media company and mobile value-added service provider for China and global Chinese communities, has entered into a definitive agreement for a private equity placement of its ordinary shares with New-Wave Investment. New-Wave is a British Virgin Islands company established and controlled by Charles Chao, Sina’s chief executive

The majority of private equity executives expect economic conditions to keep deal activity and debt availability relatively low until the end of 2010, according to a survey by KPMG. Some 55 per cent of executives surveyed at the Dow Jones Private Equity Analyst Conference in New York said deal flow

Ben Merger Sub and Ben Holdings, corporations owned by funds advised by Apax Partners and formed for the purpose of acquiring Bankrate, have completed the merger of Ben Merger Sub with and into Bankrate, with Bankrate surviving. On 22 July 2009, Bankrate announced that it had entered into a definitive

Global Capital Management’s Global Opportunistic Fund I is declaring a distribution, primarily derived from a combination of gains from divestment as well as dividends from portfolio companies. Post this distribution, the aggregate amount distributed to date would be approximately 30 per cent.   The private equity fund managed by Global

Global Infrastructure Partners, a USD5.64bn infrastructure private equity fund, has entered into a definitive agreement to form a midstream natural gas gathering joint venture with Chesapeake Energy. As part of the transaction, GIP will make a USD588m cash payment to purchase a 50 per cent interest in a new entity

Millennium Equity I has made a commitment to bring broadband technology investment to 177 underserved and unserved communities around the world as an engine for sustainable economic growth. Through their 2009 commitment to action, "Building Community Through Commerce”, Millennium, in collaboration with strategic investment partners such as Gulf Istithmaar, will

Argo Capital Management’s portfolio company, On Telecoms, has entered into a definitive agreement to acquire Vivodi Telecom, a Greek telecommunications provider. On Telecoms is a triple play service provider in Greece offering fixed-line telephony, internet and television services. Andreas Rialas, chairman of the board of directors at On Telecoms and

DOR BioPharma, a late-stage biotechnology company, has entered into common stock purchase agreements with institutional investors totalling approximately USD3.85m. DOR’s North American commercial partner, Sigma-Tau Pharmaceuticals, participated in this financing. Under the terms of the agreements, DOR will sell approximately 15,200,000 common shares together with a five-year warrant to purchase