Angela Sormani

BCG appoints Alvarez & Marsal partner

Russell Kellner recently joined the BCG Boston office as a partner from Alvarez & Marsal where he was a managing director and led their commercial due diligence practice. Prior to A&M, Kellner spent 8 years at Bain & Company, most recently as a principal and member of their private equity and financial services practices.

peHUB First Read

Catch up on the latest midweek news including Pennsylvania State Employees’ Retirement System recruiting for a CIO, PE deals in South East Asia predicted to double in five years, six facts about the Apple watch and how it feels to be top quartile from EnCap.

Nordic Mezzanine appoints associate director

Kenneth Johansson has been appointed associate director at Nordic Mezzanine’s Helsinki office. He will be responsible for Nordic Mezzanine’s marketing activities and transactions in the Nordic countries, Sweden, Denmark, Norway and Finland.

HomeUnion closes Series A

HomeUnion, an online real estate investment management firm has completed a Series A financing round for $5.5 million with Artiman Ventures. The capital will be used to develop HomeUnion’s data analytics platform and to expand its development and technology teams.

Dagne Dover raises seed round

Handbag brand Dagne Dover has raised $1.25 million. Investors in the seed round included David Bell, Fabrice Grinda, Dominic Cioffoletti, 2020 Ventures and First Round Capital's Dorm Room Fund.

Innova Memphis reaches Fund III first close

Innova Memphis has reached a first close of its third venture capital partnership, Innova Fund III with $20 million in capital commitments. Innova invests in early-stage, high-growth companies. Innova was created by the Memphis Bioworks Foundation to help establish Memphis as a national center of excellence in entrepreneurship.

Alta Growth Capital closes Mexico Fund II on $142 mln

Alta Growth Capital has completed a final close of Alta Growth Capital, Mexico Fund II with $142 million in commitments. AGC Fund II is nearly double the size of Alta’s debut fund which closed in 2009.

CBPE sells The Original Bowling Company to Electra Partners

CBPE Capital has sold The Original Bowling Company to Electra Partners. CBPE invested in the business in August 2010, acquiring a significant minority stake. The sale to Electra represents an investment multiple of 2.4x CBPE’s original investment.

AMW gets follow-on funding

AMW has secured follow-on financing to advance the development and marketing process for its drug delivery systems. BayBG Bayerische Beteiligungsgesellschaft, UnternehmerTUM Fund and IBG Beteiligungsgesellschaft are joining existing investors in the round. AMW produces active ingredient implants and transdermal systems in the areas of oncology, pain therapy and neurology.

Night Zookeeper raises funds

London based early stage children’s edtech specialist, Night Zookeeper has secured investment from the LBA Roundtable Syndicate Fund 2014. The company is a graduate of Telefonica-backed Wayra UK. The new round of funding will enable the company to develop more entertainment-focused mobile applications and stories and grow a rich IP suite using internal design expertise.