This morning read all about the tide turning for Indian private equity, the best US cities for employment satisfaction and why Europe is a problem for the phone industry.
1 min read · 25 July 2013
HV Capital Investors has expanded its debt facility with Onesource Water to $31 million. Onesource Water is a distributor of point-of-use water purification systems in the US operating in 15 geographic markets in 13 states. The company is growing through both acquisitions and new sales in existing markets.
2 min read · 24 July 2013
Louis Carbonneau has been appointed venture partner by Cycle Capital. He is founder and CEO of Tangible, an international patent brokerage and intellectual property advisory firm.
2 min read · 24 July 2013
FS Investment Corporation and FS Investment Corporation II and private equity firm Altamont Capital Partners have committed to a $294 million proprietary loan financing for Billabong International Limited. Billabong is an international manufacturer and distributor of surfwear and extreme sports apparel. The financing commitment provided by FSIC, FSIC II and Altamont consists of a $294 million bridge loan. The financing arrangement also includes an option to acquire a 15 percent equity stake in Billabong.
4 min read · 24 July 2013
Get up to speed with the latest happenings midweek including KKR's public markets chief stepping down; an Israeli tech update; a look at some hot start-ups and why Dan Loeb is selling his Yahoo stock.
1 min read · 24 July 2013
This week there are venture associate positions up for grabs at an unnamed New York-based tech VC and Boston-based Point Judith Capital. There's also an investor relations associate vacancy at alternative investment manager Oaktree Capital Management.
1 min read · 23 July 2013
Stenham Asset Management has appointed Damian Brannan to the position of managing director. Brannan has over 22 years’ investment experience and will be a member of Stenham’s investment advisory committee. His new role of managing director will allow Kevin Arenson, chief investment officer, to focus exclusively on investment management and risk control.
3 min read · 23 July 2013
This morning's First Read welcomes the UK's new prince to the world, cautions about the biotech IPO phenomenon and considers ebooks versus text books.
1 min read · 23 July 2013
UK mid-market private equity firm Dunedin has closed its third fund, Dunedin Buyout Fund III, at its hard cap of 300 million pounds ($460 million). The fund exceeded its target of 250 million pounds.
3 min read · 22 July 2013
KKR is to acquire a 9.5 percent stake in PT Tiga Pilar Sejahtera Food (TPSF). TPSF is controlled by TPS Group which was founded over five decades ago in Central Java. The company is a major player in the food business in Indonesia. Terms of the transaction were not disclosed.
4 min read · 22 July 2013
