First Jordan Investment Company has received approval for a capital increase placement in Jordan.

ARC Capital Holdings Limited (AIM: ARCH), a China focused investment company, is to invest approximately USD 17.8 million in one of China’s largest provincial department store chains.&nbsp

Private Advisors has appointed Jens Bisgaard-Frantzen as Chief Executive Officer of Private Advisors UK Limited as the firm looks to build its global private equity offering.

Global Investment House has acquired a significant equity stake in Ajlan Bin Abdulaziz Al Ajlan & Brothers, a major Saudi textile manufacturer, through its private equity funds.

Glenn H Pease has joined Wood Street Capital Management as Chief Financial Officer.

Former SEC commissioner Richard Y Roberts has been appointed to the Board of Directors of Cornell Capital Partners Offshore, a private investment firm specialising in structured finance an

European private equity investor HgCapital is to become the majority shareholder in the SLV Group, one of the fastest growing producers of innovative lighting systems in Europe.

Simmons & Simmons is advising US private equity firm Oak Investment Partners, on the sale of iTouch to Buongiorno SpA, the Italian-based mobile media and technology company.

Société Générale Index (SGI) has launched SGI Global Security, a benchmark of the security sector worldwide.

Bear Stearns was the bearer of more bad news last week. Investors in its High-Grade Structured Credit Strategies Fund shouldn’t have any hope of recovering much of their money.