Maranon Capital has closed a USD38m one-stop financing facility to support the purchase of PKWare by Novacap Technologies III and management. Maranon’s investment consisted of USD28m of senior revolving credit and term debt and USD10m of mezzanine debt. Maranon also invested USD4m of equity in the transaction. Grace Matthews provided

Victory Park Securities has acquired Bowline Group, a Chicago-based middle market advisory firm. Victory Park Securities was recently formed to serve as an advisory platform focusing on debt restructuring, capital raising and M&A engagements for middle to lower middle market private and small cap public companies.  Bowline Group founders Brian

Gotham Private Equity Partners has been formed as a New York-based private equity firm focused on middle-market and lower middle-market companies. Gotham is focused on originating, executing and managing proprietary private equity transactions and providing strategic advisory services. The firm is comprised of a team of investment professionals who have

The Gulf One Buchanan Industrial Technologies Fund, managed by private equity corporation MIT Munich Industrial Technologies, has acquired a 25.7 per cent share of the aluminium refiner Belte based in Delbrück. Belte needs this fresh capital for a further expansion of the company which has grown considerably in the past

US venture capitalists and the chief executive officers of venture-backed companies are spending more time on board activities and do not expect the pressure to lessen in the foreseeable future, according to the second study on venture capital-backed boards from the National Venture Capital Association and Dow Jones VentureSource. The

Venture capital firms Index Ventures and Accel Partners have sold their portfolio company Playfish to Electronic Arts. Playfish, a social gaming company, was acquired for a consideration of up to USD400m including an earnout of up to USD100m and excluding cash balances. Kevin Comolli, board member from Accel Partners, says:

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