Swedbank Ieguldîjumu Pârvaldes Sabiedrîba, SEB Venture Capital and LHV Varahaldus have joined as investors to the BaltCap Latvia managed venture capital fund.  In total the BaltCap fund has attracted seven private sector institutional investors. The other four are Parex Asset Management, Hipo Fondi, LKB Krâjfondi and Pirmais Slçgtais Pensiju Fonds.

Normandy Real Estate Partners and Five Mile Capital Partners have executed a lease for Bain Capital to relocate its Boston offices to the John Hancock Tower. Bain Capital, a private investment firm, has signed a 15 year lease spanning at least seven contiguous floors of Boston’s tallest office tower. It

Corporate finance adviser, Close Brothers Corporate Finance, has been renamed DC Advisory Partners.    The change in the company name follows the sale of Close Brothers Corporate Finance to Daiwa Capital Markets in July 2009.  DC Advisory Partners remains an independent advisory business, with the capacity to draw on the

VTB Capital has closed a minority stake acquisition in EPAM Systems, a global software engineering and IT consulting provider with delivery centers throughout Central and Eastern Europe and headquarters in the USA, which was established in 1993. Over 90% of the company’s staff are based in Russia and Belorussia. EPAM

Emerging markets asset manager Ashmore has launched the Ashmore PTC India Energy Infrastructure Fund, a joint venture with PTC India Limited, one of India’s leading energy sector institutions. The fund will provide equity financing to power projects across all energy related sectors in India, including generation, transmission, distribution, fuel extraction

The Irish office of international law firm Maples and Calder has advised Belfast-based software company Aepona Group on its USD10 million funding round led by BlackBerry Partners Fund. Existing Aepona investors Amadeus Capital Partners, Polaris Ventures, Innovacom, Nordic Venture Partners and Sutter Hill Ventures also participated in the round. "We

Prudent Asset Management has launched a private equity shipping fund, the First Maritime Fund, which will invest in the small- to medium-size sector of the dry bulk shipping market. Prudent was advised by Carne Global Financial Services on establishing the optimal structure for the fund.   The fund’s investment focus

London based investment and advisory firm Ariadne Capital has secured GBP2.9 million of funding for five UK based high growth start-ups in the last six months, with several additional deals soon to close. Ariadne focuses on early stage investments in internet and mobile companies led by entrepreneurs with an existing

4vco, a UK consultancy specialising exclusively in private equity (PE) operations, has identified significant differences in the operational set-up of PE furms. A key finding is that many PE firms significantly underutilize the full benefits that software and technology can provide in boosting performance, efficiency and relationships with investors. However,