VKernel, a provider of virtual server management and optimization solutions, has closed a USD7m series B round of funding.

India’s troubled property developers are seeing early signs of a rebound, but high debt costs and a lack of private equity funding suggest a sustained recovery is unlikely for some time

GLG Partners, the US-listed asset manager, has announced the pricing of its offerings of USD200m aggregate principal amount of its dollar-denominated convertible subordinated notes and

Blue Ink Investments, a South Africa-based fund of hedge funds manager, has acquired full ownership of Legae Capital, following its purchase of Legae Securities’ 43 per cent and Fatima

Archstone Consulting, a management strategy and operations consultancy has launched an advisory service to help private equity firms improve value and reduce costs within their portfoli

HauteLook, a members-only shopping club, has announced a funding commitment led by Insight Venture Partners with the completion of the first USD10m tranche.

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 announced

Vista Equity Partners Fund III has confirmed to the board of directors of SumTotal Systems its offer to acquire the firm for USD4.50 per share in cash.