Fundraising for emerging markets dedicated private equity funds slowed in 2009, but investment activity was comparatively strong. Emerging markets captured nine per cent of global private equity fundraising and 26 per cent of global private equity investment, with deal activity by transaction volume down by only 11 per cent, according

DataXu, provider of a real-time bidding platform for online display advertisers, has closed USD11m in series B funding led by Menlo Ventures.   Atlas Venture and Flybridge Capital Partners, who provided DataXu’s series A funding in April 2009, also participated in the round. The proceeds will be used to fund

The Aureos Africa Fund has completed a USD10m investment in Nigerian leasing company C&I, taking the fund’s total investment in Nigeria to USD40m. The fund closed its fundraising in January 2010 having raised USD381.1m and is believed to be the largest ever fund to focus on investing in small to

Falfurrias Capital Partners, a Charlotte-based private equity firm, has invested in Commercial Credit Group, a Charlotte-based provider of equipment financing for the construction, fleet transportation and waste industries. The transaction totalled approximately USD20m and included a purchase of preferred stock and an equity infusion to support the company’s growth. Falfurrias

Low Carbon Accelerator has invested GBP500,000 in Vigor Renewables in the form of non-voting preference shares with rights over 90 per cent of the distributable profits. The ordinary shares are held by the management of Vigor, with rights over the balance of the distributable profits. Vigor is a new company

DoubleVerify, a provider of online advertising verification, has closed a USD10m series B financing round led by Institutional Venture Partners.  The round included participation from existing DoubleVerify investors.    DoubleVerify provides a technology solution that delivers transparency and accountability for agencies, marketers, publishers and ad networks running online ad campaigns.