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The Bermuda Monetary Authority says it made significant progress toward enhancing the regulatory framework for Bermuda’s financial services industry during 2008.
Aptana, a provider of open source tools and services for web application development and management, has completed a USD7.8m round of financing led by Rembrandt Venture Partners and inc
Helveta, a provider of global timber track and trace technology, has raised GBP3m in a funding round led by French technology investor Succés Europe.
GEM Global Yield Fund, the UK based private investment group, has agreed to provide KIG Mining with EUR10m over the next three years in the form of an equity line of credit.
Clearly, there’s nothing like the publication of a blacklist – or grey list – to get people’s attention. After the best part of a decade, the efforts of the Organization for Economic Co-operation and Development to push offshore centres and some of its own members into line on transparency and exchange of information on tax issues have suddenly come to fruition, as international financial centres that resisted the OECD’s campaign or paid only lip service to it scramble to conclude enough tax agreements to get onto the ‘white list’ of compliant jurisdictions. The biggest obstacles to the OECD’s original campaign
Outspark, a virtual playground combining Freemium games with personalized social experiences, has closed an USD8.3m series C financing round.
Catterton Partners, a consumer-focused private equity firm, has acquired the StriVectin brand and related assets from affiliates of Klein-Becker.
Private equity and venture capital investors, who have invested over USD2bn into healthcare and life sciences companies in India over the last five years, are keen to step up the pace o
Gennx360 Capital Partners, a private equity firm focused on industrial business-to-business companies, has acquired Trimaster Manufacturing, a manufacturer of components and sub-assembl
SilverLeaf Financial has acquired USD28m worth of face value notes for the discounted price of USD4.9m, consisting of 321 single-family 30-year mortgages.

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