Angela Sormani

Celoxica attracts funds from Beringea Growth Finance

Celoxica has secured funds from Beringea Growth Finance. The business is a provider of ultra low-latency market data, order entry and pre-trade risk solutions and is headquartered in the UK with offices in Chicago, New York and Paris.

Captrust adds new office and appoints two

CAPTRUST Financial Advisors, an independent retirement plan advisory firm, has opened a new office in Columbia, Missouri and appointed two financial advisors. John Weber joins CAPTRUST as vice president, financial advisor focused on providing retirement plan advisory services to corporate fiduciaries. Sean Weber joins as financial advisor, relationship manager focused on providing comprehensive wealth management and retirement advisory services to high‐net‐worth investors, private foundations, and corporate executives.

peHUB First Read

This Monday's First Read brings you news of CVC Credit Partners' stressed European loans fundraising, Blackstone eyeing a first close on Energy Partners II and how performance disclosure is affected before, during and after a VC fundraising.

Altamont appoints operating partner

Altamont Capital Partners has appointed Dave Odenath as an operating partner. Odenath will focus on investment opportunities in the financial services sector.

CapStreet refinances Red Aviation

The CapStreet Group has completed a majority recapitalization of Davis S R Aviation and Turbine Jet Specialties together known as Red Aviation in partnership with the senior management team. Founded in 2002 by Stephen and Karen Davis and headquartered in Georgetown, Texas, Red Aviation engages in the procurement, sale, repair and maintenance of business jet aftermarket parts and engines.

Airway Therapeutics scores $4.6 Million in Series A

Biotechnology company Airway Therapeutics has secured $4.6 million in Series A financing. CincyTech led the round, with participation from Cincinnati Children's Hospital Medical Center, Queen City Angels and private investors.

AltspaceVR raises seed funds

AltspaceVR, a social platform for virtual reality, has raised $5.2 million in seed funding. Investors include Dolby Family Ventures, Formation 8, Google Ventures, Lux Capital, Foundation Capital, Rothenberg Ventures, SV Angel, Haystack Fund, Tencent, Raine Ventures, Promus Ventures, Western Technology Investment and others.

Elastic Path secures funds led by BDC Venture Capital

Ecommerce company Elastic Path Software has raised CDN$5.35 million led by BDC Venture Capital IT Fund. Yaletown Venture Partners and individual investors also participated.

Clearlake's Futuris Automotive appoints to board

Futuris Automotive, a global automotive components supplier, has appointed Clearlake operating advisor and automotive industry veteran Joseph Gorga to its board of directors. The company has also expanded its North American business with the opening of a new manufacturing facility and design center in Newark, CA. Futuris was acquired by Clearlake Capital Group in September 2013.

CCMP Capital raises $3.6 bln for Fund III

CCMP Capital Advisors has closed CCMP Capital Investors III raising $3.6 billion. The new fund will back middle market companies in North America and Europe in the consumer/retail, industrial, energy and healthcare industries.