Future Capital Partners, the GBP6n alternative investment boutique, is hosting a 12 date roadshow for its newly launched renewable transport fuel investment product, Future Fuels.
Read more »Published scoops - Private Equity
Future Capital to host roadshow for green investment
AVEO Pharma Prices IPO
AVEO Pharmaceuticals Inc., a Cambridge, Mass.-based oncology drug company, raised around $81 million via its IPO. The company priced nine million shares at $9 per share, compared to plans to sell seven million shares at between $13 and $15 per share.
The company will trade on the Nasdaq under ticker symbol AVEO, while J.P. Morgan and Morgan Stanley served as co-lead underwriters.
Read more »Category: Private Equity Tags:
Sino Latin Capital to manage RMB private equity funds
The Shanghai-Pudong government has granted SinoLatin Capital the approval to raise and manage RMB-denominated private equity funds.
Read more »Apprion Raises $8 Million
Apprion, a Moffett Field, Calif.-based provider of application network systems designed for the process manufacturing industry, has raised $8 million in Series C funding. Return backers included Allegis Capital, Motorola Ventures, CTTV Investments and Anvil Investment Associates. The company previously raised around $23.5 million.
around $4 million in new funding from Motorola Ventures. It had previously raised $19.5 million over two rounds from Anvil Investment Associates, CTTV Investments, Advanced Technology Ventures and Allegis Capital.
Read more »Category: Private Equity Tags:
Johan Brenner Joins Creandum
Johan Brenner has joined Swedish venture capital firm Creandum. He previously spent four years as a partner with Baldterton Capital.
PRESS RELEASE
Creandum, a venture and growth capital firm investing in the Nordic region, has joined forces with Johan Brenner in its ambition towards building the leading Nordic venture capital firm.
Read more »CA Buying Nimsoft for $350 Million
CA Inc. has agreed to acquire Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, for $350 million in cash. NimSoft had raised $22.3 million over two rounds of VC funding, from Goldman Sachs, JMI Equity and Northzone Ventures.
Read more »Category: Private Equity Tags:
Oaktree to Take Over Almatis
Oaktree Capital Partners is preparing to take over Almatis, an alumina company based in Frankfurt, from Dubai International Capital in a debt for equity exchange worth $1 billion, Bloomberg reported. The plan will cut the company’s debt to $420 million. http://www.almatis.com/
Read more »Category: Private Equity Tags:
LivingSocial Raises $25 Million
LivingSocial.com, a Washington, D.C.-based social discovery and cataloging network, has raised $25 million in Series B funding. U.S. Venture Partners led the round, and was joined by return backers Grotech Ventures and Steve Case’s Revolution LLC. The company previously raised a $5 million Series A round.
Read more »Category: Private Equity Tags:
Veryan Holdings Raises £3.6 Million
Veryan Holdings Ltd., a UK-based developer of vasculat stent technology, has raised £3.6 million in new VC funding. Seroba Kernal led the round, and was joined by return backers Imperial Innovations, Oxford Capital Partners and NESTA.
PRESS RELEASE
Read more »Category: Private Equity Tags:
Hirtle Callaghan names Jamie Johnson director of private equity
Hirtle Callaghan, a US-based privately held investment firm, has named Jamie R. Johnson director of private equity.
Read more »First Data CEO Steps Down, Joining KKR
Michael Capellas has stepped down as CEO of First Data Corp., in order to become a tech-focused senior advisor at KKR. First Data board member Joe Forehand, former chairman and CEO of Accenture, will take over as chairman and interim CEO. First Data is a KKR portfolio company, and Forehand is a KKR senior advisor.
PRESS RELEASE
Read more »Category: Private Equity Tags:
Key Principal Partners exits investment in OAO
Key Principal Partners, a USD1bn private investment firm, has exited from OAO Technology Solutions.
Read more »Wilson Sonsini Adds Life Sciences Partner
Michael Rabson has rejoined Wilson Sonsini Goodrich & Rosati as a Palo Alto-based partner, focused on life sciences clients. He previously served as general counsel and senior vice president at Cytokinetics.
PRESS RELEASE
Read more »Adriana Peterson Joins Burrill & Co.
Adriana Peterson has joined Burrill & Co. as managing director of human resources. She previously ran executive search firm NEXUSBioMed.
PRESS RELEASE
Read more »Category: Private Equity Tags:
Hirtle Callaghan Names Private Equity Director
Jaime Johnson has joined Hirtle Callaghan & Co. as director of private equity. He previously was a managing director with Paul Capital and, before that, spent six years with Alta Advisers.
PRESS RELEASE
Read more »Category: Private Equity Tags:
Sex Toy Maker JimmyJane Raises $2M
Sex toy maker JimmyJane raised $2 million from a group of investors in its Series E round, according to a new regulatory filing. This brings the company’s total to $8.3 million.
JimmyJane, a startup looking to become the Montblanc of vibrating sex toys, has raised money from investors such as technology hedge fund Palo Alto Investors and a limited liability company controlled by venture capitalist Tim Draper, documents show.
Read more »Category: Private Equity Tags:
Eureka Genomics Raises $3.7 Million
Eureka Genomics, a Hercules, Calif.-based provider of bioinformatics analysis of sequencing data, has raised $3.7 million in angel funding.
PRESS RELEASE
Read more »Category: Private Equity Tags:
Isthimar Kicks Off ISS Auction
LONDON (Reuters) - Information memoranda have been issued for the sale of Istithmar’s port and shipping agent Inchcape Shipping Services (ISS) as the auction gets underway, bankers close to the deal said on Wednesday.
Global marine management firm ISS is owned by Dubai investment group Istithmar, part of the heavily indebted Dubai World, which remains in restructuring talks with its lenders.
Read more »Category: Private Equity Tags:
RainStor Raises $7.5 Million
RainStor Inc., an online information preservation company with offices in San Francisco and the UK, has raised $7.5 million in Series B funding. Storm Ventures and Informatica co-led the round, and were joined by return backers Doughty Hanson Technology Ventures and The Dow Chemical Company.
PRESS RELEASE
Read more »QuadraMed Shareholders Approve Buyout
QuadraMed Corp. (Nasdaq: QDHC) shareholders have approved a $126 million take-private offer from Francisco Partners. The deal was first announced last December, and is now expected to close next week. Wells Fargo Foothill and Silicon Valley Bank had committed debt financing, although the deal does not include a financing condition. QuadraMed is a Reston, Va.-based provider of healthcare IT services.
PRESS RELEASE
Read more »Category: Private Equity Tags: