6Pacific Group direct investment unit, 6Pacific Capital is to create a new investment vehicle in partnership with MetaBrand, a consulting firm to early stage natural products brands. The new investment vehicle will be launched as MetaFund, and will primarily focus on growth capital investments in the food, beverage and nutrition industries.
2 min read · 07 January 2014
MVC Capital has completed a $7 million follow-on debt investment in Morey's Seafood International, an existing portfolio company. MVC completed an $8 million initial debt investment in Morey's in August 2013.
2 min read · 07 January 2014
Investcorp has acquired a significant minority stake in Namet Gida Sanayi ve Ticareti A.S. Namet is a Turkish producer of fresh cut and packaged processed red meat products such as soujouk, pastrami, salami, sausages, smoked meats and frozen and ready to eat burgers.
3 min read · 07 January 2014
TA Associates has promoted eight staff members in TA’s Boston, Hong Kong, London, Menlo Park and Mumbai offices. The promotions were effective January 1, 2014.
4 min read · 07 January 2014
This Tuesday morning First Read brings you the latest news links to Blackstone's new Australia adviser, Europe's battle with price inflation and how New Mexico's venture fund performance is doing.
1 min read · 07 January 2014
HarbourVest, Morningside Private Investors, Oaktree and Spindletop Capital all have vacancies that need filling.
1 min read · 06 January 2014
Law firm Morgan Lewis has appointed Tom Cartwright as a partner in the business and finance practice, resident in London. He advises private equity and hedge funds based in London and New York and counsels family offices located in Dubai, Istanbul and London.
2 min read · 06 January 2014
Cloud-based solutions provider DNAnexus has secured $15 million in Series C financing. The round was led by Claremont Creek Ventures, Google Ventures, TPG Biotech and First Round Capital.
3 min read · 06 January 2014
Private equity investments in India have increased 12 percent in value terms from $9.5 billion in 2012 to $10.68 billion in 2013, according to annual transactions data released by VCCEdge, financial data platform of VCCircle.com. Deal volume on the other hand dipped 13 percent to 655 deals from 751 deals in 2012, VCCEdge data showed.
3 min read · 06 January 2014
The Men's Wearhouse has commenced a cash tender offer to acquire all outstanding shares of Jos. A. Bank Clothiers for $57.50 per share. The full terms, conditions and other details of the tender offer are set forth in the offering documents that Men's Wearhouse will be filing with the Securities and Exchange Commission.
10 min read · 06 January 2014
