Managers
China Information Technology (CNIT) has entered into a strategic agreement with Shenzhen Capital Group Co.
Under the terms of the agreement, Shenzhen Capital will collaborate with the Company in exploring new investment opportunities in the cloud computing technology space. It will also assist the Company on an as-needed basis with its market expansion throughout China.
As a leading venture capital firm in China, Shenzhen Capital has RMB10.0 billion (USD1.6 billion) of assets under management. Shenzhen Capital has helped over 500 portfolio companies grow in sectors ranging from information technology and telecommunication to pharmaceutical and new material. The Shenzhen Capital investment
Firm Capital has held the closing of the initial capital raise of Firm Capital Private Equity Realty Corp (FCPERC), a real estate merchant banking and private equity investment corporation focused on opportunistic, tactical and distressed real estate debt and equity investments in Canadian public and private entities.
Investments will be heavily focused on the following investment platforms: Activist Strategies, High Yield Structured Debt, Distress Debt Acquisitions, and Real Estate Joint Ventures & Capital Partners.
FCPERC has raised its initial capital and its growth capital will come from both future equity offerings and possibly an Initial Public Offering.
FCPERC employs an
An affiliate of Brookfield Asset Management is to acquire USD150 million of 7 per cent convertible preferred shares of GrafTech International in a private offering. The investment agreement follows the letter of intent announced by GrafTech on 29 April, 2015.
The convertible preferred share issuance, which was unanimously approved by GrafTech’s Board of Directors, is expected to close once customary closing conditions, including applicable regulatory approvals, are satisfied.
Under the terms of the investment agreement, upon issuance, the convertible preferred shares will be issued in two series, Series A shares and Series B shares. The series A shares will be
Space Ape Games, the developer behind the successful mobile title Samurai Siege, has secured GBP4.25 million in growth capital from Silicon Valley Bank.
The business will use the additional capital to continue its growth, with a second game – Rival Kingdoms: Age of Ruin – set to launch globally on iOS and Android in May 2015.
Samurai Siege, Space Ape’s first game, has seen global success, with more than 11 million downloads and aggregate revenues of more than USD23 million since its launch in 2013. Rival Kingdoms will offer an accessible, high-quality experience for mid-core gamers on mobile platforms,
Key Capital Partners (KCP) has exited mobile telecoms support services provider WHP Group via a secondary buy-out by Palatine Private Equity, which sees KCP achieve a 4x return on its investment.
Warrington-based WHP, which currently employs over 275 staff, provides end-to-end services for the deployment, upgrade and maintenance of mobile network masts, antennae and base stations for leading operators including H3g, EE and Vodafone. The business operates on a national basis with operations in Leeds, Glasgow and Reading.
Since, KCP’s GBP3 million investment in June 2013, WHP has grown significantly with revenue up from GBP17m to almost GBP30m and profits
Artivest, a digital platform that connects leading private equity and hedge funds with a wider audience of suitable investors, has completed a USD15 million round of funding led by KKR.
Existing investors RRE Ventures, Peter Thiel, Nyca Partners, Anthemis Group and FinTech Collective also participated. Artivest will use the funding to accelerate the growth of its technology, infrastructure and sales teams and the execution of its product roadmap.
“Artivest combines leading technology with operational tools for feeder funds that will further open the door for financial advisors and high net worth investors looking to commit capital to a wide variety
American Beacon Advisors, a leading provider of investment advisory services to institutional and retail markets, has been acquired by funds affiliated with private equity firms Kelso & Company and Estancia Capital Management. Terms of the agreement have not been disclosed.
"We are excited to begin the next phase of our growth story with Kelso and Estancia as our strategic partners," says Gene L Needles, Jr, President and Chief Executive Officer of American Beacon. "I want to thank TPG Capital and Pharos Capital Group for their support and guidance over the years. I also want to thank all the individuals involved
dopay has secured USD2 million in seed funding from ACE & Company, Techstars Ventures and a syndicate of angel investors working for leading banks, private equity funds and hedge funds.
The funds will further the launch of the company’s services in Egypt and help drive expansion into new markets in the Middle East, Africa and India.
Currently, two billion people worldwide have jobs but no bank account. This means they are cut off from even the most basic financial services. Companies that employ these people feel this acutely, they have to manage huge amounts of cash, which is costly and
Milbank, Tweed, Hadley & McCloy has advised IFM Investors on the acquisition of a 24.99 per cent equity stake in toll road operator Organizacion de Proyectos de Infraestructura (OPI).
OPI is the parent company of Concesionaria Mexiquense (Conmex), the operator of the Circuito Exterior Mexiquense, a 110-km toll road system in Mexico City. The final purchase price was MXN9,181 million (USD610 million).
The seller is infrastructure group OHL Mexico.
IFM Investors is a global fund manager with offices in Australia, North America, Europe, and East Asia. Established more than 20 years ago and owned by 30 major pension funds, the
OmniVision Technologies is to be acquired by a consortium composed of Hua Capital Management Co, Ltd, CITIC Capital Holdings and GoldStone Investment.
Under the terms of the agreement, OmniVision stockholders will receive USD29.75 per share in cash, or a total of approximately USD1.9 billion. The agreement was unanimously approved by OmniVision's Board of Directors.
"We are pleased to have reached this agreement, which we believe realises significant value for our stockholders and offers new opportunities for our employees to develop more innovative solutions for customers,” says Shaw Hong, chairman and CEO of OmniVision. "Our Board unanimously concluded that partnering with
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12 November, 2026 – 8:00 am
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