Amalgamated Bank has formed Amalgamated Capital, a New York-based division that will provide senior cash flow debt financing to lower middle market companies. The new division, which will be under the direction of leveraged finance professional Timothy G. Clifford, will target leading private equity firms and other investors who focus

The percentage of transaction professionals who believe solvency opinions will have a direct impact on the terms or completion of a transaction over the next year has doubled since before the onset of the credit crisis, according to a study released by mergermarket in association with Houlihan Lokey. This shift

TPH Partners, a middle market energy private equity fund, has closed an equity investment in a growth round of funding for Ingrain, an oilfield technology firm that specialises in digital rock physics analysis. Ingrain uses proprietary technologies to analyse reservoir rock samples from cores or drill cuttings and deliver critical

Navitas Capital, a venture capital firm investing in green technology solutions for the built environment, has participated in a USD60m series C investment in Serious Materials. According to an Ernst & Young analysis based on data from Dow Jones VentureSource, this transaction represents one of the largest US venture capital

Lion Capital and The Blackstone Group International have received from Suntory Holdings a binding offer regarding the future ownership of the Orangina Schweppes Group. Orangina Schweppes Group will now undertake the appropriate communication and consultation with relevant employee representatives. The Blackstone Group and Lion Capital will only be able to

Aurora Capital, a Los Angeles-based private equity firm, has signed a definitive agreement with HLTH to acquire its wholly owned subsidiary, Porex. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the fourth quarter of this year. Founded in 1961, Porex is

Mistral Equity Partners, a private equity firm focused on the consumer and media sectors, has made an investment in WorldLynx Wireless, a company formed to acquire 10 Bell Mobility independent wireless dealers across Canada. Worldlynx Wireless will have a national geographic footprint in both retail and small/medium business market coverage,

Jonathan Aberman, managing director of Amplifier Venture Partners, has published a white paper discussing the problems and challenges to the private venture capital model and offering policy recommendations to the Federal Government to address these challenges. In the White Paper, "The Decline of the United States Venture Capital Industry: What

Octopus Ventures, an investor in early-stage and expanding companies, has invested GBP1.355m into GetOptics. This investment facilitates the acquisition of GetLenses and PostOptics, creating GetOptics.   The combination of the two companies under the new brand GetOptics creates the UK’s largest online contact lens and eye care product business. The

The hedge fund and private equity industries contribute EUR9bn (GBP7.9bn) in tax revenues to European Union governments, according to a survey by independent think tank Open Europe. Open Europe said the EUR9b tax contribution would be enough to fund the EU’s entire overseas aid budget for 12 years. The tax