BaseKit, a website building platform, has secured further funding from the Angel CoFund backed by the British Business Bank. Existing investors include Eden Ventures, NESTA and Nauta Capital.
2 min read · 04 February 2014
Ridgemont Equity Partners and the company’s founders have formed Pintail Oil and Gas. The company will focus on acquiring, enhancing, and developing oil and gas properties primarily along the onshore Gulf Coast. Pintail’s strategy will be supported by over $50 million of equity capital committed by Ridgemont and Pintail’s management team.
3 min read · 04 February 2014
Chrisitine Aum has joined SparkLabs Global Ventures as a senior associate. Previously, Aum was at Mirae Asset Securities as a member of the equity research group.
2 min read · 04 February 2014
A fund managed by Ashmore Colombia, an Andean private equity investment manager and subsidiary of Ashmore Group has acquired an 85% interest in Compañía de Desarollo Aeropuerto Eldorado, the concessionaire of the two runways at El Dorado Airport in Bogotá. Abertis Infraestructuras has sold the runways for a total consideration of COP132 billion (approximately US$66 million).
2 min read · 04 February 2014
Violin Memory's board of directors has appointed Kevin A. DeNuccio as president and chief executive officer, effective immediately. He has also been elected to the Violin Memory board of directors. DeNuccio, 54, succeeds Howard A. Bain III, who was serving as interim CEO. Bain will remain chairman of the Violin Memory board of directors.
5 min read · 04 February 2014
AIC Ventures, a private real estate investment fund manager, has purchased the 34,000 square foot corporate headquarters of Fox Service Company in Austin, Texas. At the time AIC Ventures closed the acquisition and simultaneously entered into a long‐term lease with the company, Fox was acquired by Inoca Capital Partners.
3 min read · 04 February 2014
This morning the latest PE and VC headlines unveil dealmakers tightening their purse strings as equity contributions fall, asset-backed securities turning adventurous and TPG's Par Pharma gets a downgrade for upping its debt load.
1 min read · 04 February 2014
This Monday, peHUB is showcasing vacancies from The Carlyle Group, Private Advisors, RLJ Credit Opportunity Fund and UBS.
1 min read · 03 February 2014
TPG Growth has acquired a majority stake in cosmetics brand e.l.f. Cosmetics, from company founders and TSG Consumer Partners LLC. Existing management will continue to have a meaningful investment in and an ongoing role with the company. Terms of the transaction were not disclosed.
3 min read · 03 February 2014
The Equatoguinean government has committed to support foreign investments with a co-investment fund of 500 Billion Francs CFA ($1 billion). The fund will aim at fuelling the state’s overall strategy to diversify the economy beyond oil and gas.
3 min read · 03 February 2014
