Octopus Ventures, a division of Octopus Investments, has made an investment of GBP1.83m into Bowman Power, a developer of clean power generation technology designed to increase the performance of standard diesel and gas fuelled engines.  The deal with Bowman Power represents the 14th investment Octopus has concluded this year.  

GlobeOp Financial Services, a provider of business process outsourcing, financial technology services and analytics to hedge funds and other sectors of the financial services industry, saw its assets under administration increase by ten per cent in the first half of 2010 to USD120bn. Assets under administration have increased by 43

GTCR, a US-based private equity firm, has entered into a partnership with Dale Wolf to form Jessamine Healthcare. The new company, headquartered in Maryland, will focus on acquiring companies in the healthcare payer and outsourced payer services industries. Wolf (pictured), who will serve as Jessamine’s chief executive officer, is a

Accedian Networks, a provider of solutions for carrier ethernet and IP networks, has secured USD19.5m in a round of financing led by Summit Partners, a growth equity firm with offices in Boston, Palo Alto and London.    Rho Ventures and Skypoint Capital, existing investors in Accedian, also participated in the

Hispania Capital Partners, a middle-market private equity firm headquartered in Chicago, has acquired an interest in Language Stars, a provider of language instruction to the pre-school and elementary school market. Founded in 1998 by chief executive officer Leslie Lancry, Language Stars delivers programmes in Spanish, French, Mandarin Chinese, German and

A robust recovery is underway in emerging markets private equity as investment pace is picking up significantly post-crisis and appears on track to beat 2009 totals. In the first half of this year, investment totals stood at USD13bn versus USD8bn at this time last year, an increase of 55 per

The former Banc of America Capital Investors private equity team has spun off from Bank of America to form Ridgemont Equity Partners. The principals of Ridgemont, who have invested over USD3bn in 140 companies, will seek to raise a new private equity fund in the near future. During Ridgemont’s fundraising

Movetis, the European gastrointestinal pharmaceutical company, has received a conditional offer from a Luxembourg incorporated wholly-owned subsidiary of Shire, the biopharmaceutical company. The offer is to acquire all outstanding shares and warrants of Movetis at an offer price of EUR19.00 in cash per share, valuing the company’s equity, on a

MBF Healthcare Partners, a middle market healthcare focused private equity firm, has sold Medical Specialties Distributors to private equity firm Water Street Healthcare Partners. Medical Specialties Distributors, based in Massachusetts, is a provider of infusion products, supplies, biomedical services and technology solutions to the growing home infusion therapy market. Medical