Aurora Investment Advisors has had a first closing of Aurora II, a Guernsey based limited partnership to capitalize on the demand for investment in Russia.

GLG Partners, the US-listed asset manager, has completed its private offering of USD214m aggregate principal amount of its dollar-denominated convertible subordinated notes due 2014.&nb

KKR Private Equity Investors’ net asset value rose by USD7.4m in the first quarter of 2009, despite the difficult economic conditions.

Tobii Technology is raising EUR16m in expansion capital from Amadeus Capital Partners, Northzone Ventures and existing investor, Investor Growth Capital.

Aha Mobile has secured USD3m in series A financing from venture capital firm Venrock.

Vista Equity Partners Fund III has enhanced its offer to acquire SumTotal Systems to USD4.75 per share in cash.

Accelerator, a privately held, venture capital-backed biotechnology investment and development company, has backed the formation of biotherapeutics company Xori (chore-ee).

Fitch Ratings has downgraded seven classes of SVG Diamond Private Equity II and assigned rating outlooks to five classes, effective immediately. They include: • EUR55,000,000 class A-1 notes to A from AAA; outlook stable; • USD71,600,000 class A-2 notes to A from AAA; outlook stable; • EUR76,500,000 class B-1 notes to BB from