AGI Partners has completed a new investment in Aura XM. Terms of the transaction were not disclosed. The Oakville, Ontario-based company is a provider of experiential marketing solutions to leading global clients.
2 min read · 12 February 2014
Revetas Capital Advisors, a specialist real estate investment advisor focused on over-leveraged, distressed and under-performing opportunities in Central and Eastern Europe, has reached a first close of its CEE-focused real estate fund, Revetas Capital Recovery Fund I L.P. The fund has also made three initial investments in Hungary and Poland and a strategic new partnership with the private equity investor, JRJ Group.
3 min read · 12 February 2014
Find out the latest midweek news including a slide in returns for emerging venture markets, Euro leveraged loans becoming more aggressive in terms, Sun Life launching an asset management business and who Oregon's top IRR climber is.
1 min read · 12 February 2014
Europe was a boost to Oregon Public Employees Retirement Fund’s IRR figures last year, according to data from the state pension fund for the period to 30 September 2013. The 2009 vintage Riverside Europe Fund IV was Oregon’s top IRR climber by percentage points for the period from September 2012 to September 2013.
2 min read · 11 February 2014
Mercato Partners has backed Primary Data, a provider of next-generation software-defined data center technologies. Primary Data recently increased the size of its Series B round and closed on $60 million in financing. In this round, Mercato joins other investors such as Accel Partners, Battery Ventures, Lightspeed Venture Partners and Pelion Venture Partners.
2 min read · 11 February 2014
Harris Williams & Co has promoted six senior professionals from the firm’s Richmond, Boston and Cleveland offices. Joe Conner, Ryan Nelson and Chris Rogers have been promoted to managing director; Tyler Dewing has been promoted to director; and Priyanka Naithani and Larissa Rozycki have been promoted to vice president.
3 min read · 11 February 2014
Performance Health has acquired Bon Vital. Bon Vital is a formulator, manufacturer and marketer of topical products serving the massage therapy and spa professions. Bon Vital was founded in 1988 and is headquartered in Hartland, Wisconsin.
3 min read · 11 February 2014
Adveq Real Assets has completed the purchase of 18,000 hectares of almond orchards in Victoria, Australia in partnership with co-investors. The orchards, operated by Olam Australia, account for approximately 50 percent of Australia’s and 3.5 percent of the world’s almond production, which surpassed $5bn in 2013 according to Almond Board of California.
2 min read · 11 February 2014
Standard Chartered Private Equity, the investment division of Standard Chartered Bank, has committed a further $15 million (ZAR150 million) to existing portfolio company and bank client, Afrifresh Group, a fruit producer and exporter. This capital injection follows SCPE’s initial $20 million equity investment made in February 2011 to fund the company’s expansion program.
4 min read · 11 February 2014
UK online contact lens retailer GetLenses.co.uk has acquired Dutch online retailers Vision Direct and Lensbase. The acquisition was financed by a new funding round led by existing shareholder Octopus Investments and included Fidelity Worldwide Investments, Hargreave Hale and Artemis Investment Management.
2 min read · 11 February 2014
