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Powerspan, a clean energy technology company, has announced the closing of over USD50m in new financing from a group of new and returning investors. The new investors include George Soros, Tenaska Energy AllianceBernstein, and Persimmon Tree Capital, while the returning investorsare  NGEN Partners, Beacon Group, The Tremont Group, RockPort Capital Partners, Calvert, Angeleno Group, Fluor Corporation, and FirstEnergy.   The investment will be used to commercially deploy Powerspan’s ECO2 carbon dioxide capture technology for coal-fired electric power plants. In addition, the funding will be used for general corporate purposes.   ‘This financing round further validates Powerspan as a leading provider
The Silverfern Group has continued the expansion of its senior merchant banking team with the addition of Kevin Smith, the former group head of diversified industrials and business serv
Law firm Maurice Turnor Gardner has launched with a team of 23, formerly the private client department of international legal practice Allen & Overy, covering private wealth, profes
Lake Pointe Partners, a consulting firm that provides profit enhancement, corporate renewal and turnaround consulting services to underperforming companies, has been acquired by Cognien
Monomoy Capital Partners, a New York private equity fund that makes controlling investments in middle market companies, has acquired the assets and operations of Global Thermoplastics,
Clearview Capital of Old Greenwich, Connecticut, has completed the acquisition of Troy Industries of Trenton, North Carolina, a manufacturer of decorative films used in plastic laminati
Greenhill, an independent investment bank, has announced that Alejandro Przygoda will join the firm as a managing director based in New York to lead its advisory efforts in the insurance s
The European Commission’s proposed directive on Alternative Investment Fund Managers risks creating an administrative structure that will harm the international competitiveness of the f
International venture capital firm Walden International has announced its first investment using Seed Ventures IV, a SGD20m (approximately USD13.3m) venture fund, as the vehicle.
To prepare for the Public-Private Investment Program, Invesco and its WL Ross affiliate are combining the expertise of Invesco’s 120 person fixed income team and the distressed investme

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