CapMan Nordic Real Estate fund is acquiring two properties located along Amagerbrogade, a well-known high street leading to the centre of Copenhagen. The new properties comprise 2,707 m2 of space, of which 72% is residential and 28% retail. This is the third investment of the CapMan Nordic Real Estate fund.
2 min read · 14 October 2013
Catch up on the latest after the weekend including how private equity is going to crack the US pension market; Kleiner Perkins reorganising its early stage investing and how to unleash innovation from VC-backed companies.
1 min read · 14 October 2013
Marlin Equity Partners has acquired iolo technologies, a provider of performance optimization software for PCs and mobile devices. iolo has been merged with Phoenix Technologies, a Marlin portfolio company, expanding Phoenix’s solution set and strengthening its footprint within its existing customer base.
2 min read · 10 October 2013
Lawrence Schloss is joining Angelo, Gordon & Co as president on in November. Schloss is currently the deputy comptroller for asset management and CIO for the New York City Retirement Systems.
3 min read · 10 October 2013
Scale Venture Partners has appointed Zack Urlocker as executive-in-residence. The firm has also announced a new associate, Gregory Silva who was most recently an analyst with Piper Jaffrey & Co, helping evaluate the technology landscape and strategic alternatives for growth technology companies.
2 min read · 10 October 2013
Genesys, a provider of customer engagement and contact center solutions, is to acquire Echopass Corporation based in Pleasanton, CA. The transaction is expected to close in the fourth quarter of 2013.
3 min read · 10 October 2013
KKR has signed a definitive agreement to acquire The Crosby Group and Acco Material Handling Solutions from Melrose Industries for approximately $1 billion. Crosby is a global provider of highly engineered solutions for lifting and rigging applications across the oil and gas, construction, mining and industrial sectors. Acco, headquartered in York, Pennsylvania, has 130 employees and provides custom-built specialty material handling equipment, including a full line of hoists, industrial cranes, monorails, carts and trailers that are sold under the well-recognized Louden, Wright and Nutting brands.
3 min read · 10 October 2013
KKR has invested approximately RM642 million (US$200 million) for a substantial minority equity stake in Weststar Aviation Services. This will be KKR's first investment in Malaysia. Additional terms of the transaction were not disclosed.
4 min read · 10 October 2013
Catch up on the latest news links including a distressed debt and bankruptcy restructuring report, LPs proclaiming a tough fundraising market and a look at where the VC money is going this week.
1 min read · 10 October 2013
Verisae, a global provider of asset maintenance, energy, and sustainability Software-as-a-Service solutions, has acquired Hara Software. Based in San Mateo, California, Hara’s cloud-based software helps sustainability professionals track, report, and execute against cost savings opportunities, compliance requirements, and operational improvements. Verisae is a Marlin Equity Partner's portfolio company.
2 min read · 09 October 2013