Blackbird Ventures has reached a first close of its $30 million venture capital fund. The fund will invest in Australian Internet startups. Blackbird brings together Startmate, Southern Cross Venture Partners, and prominent founders of highly successful local companies including Atlassian, Campaign Monitor and Aconex.
3 min read · 14 March 2013
This morning we find out more about Pope Francis' unenviable task ahead; property investors favouring Germany in 2013; institutional investors favouring emerging markets and brace yourself for the ten countries that hate America most.
1 min read · 14 March 2013
GRP Partners is appointing Greg Bettinelli as venture partner. He joins from online flash-sale retailer HauteLook.
2 min read · 13 March 2013
Cordis Corporation has completed the acquisition of Flexible Stenting Solutions, a developer of flexible peripheral arterial, venous and biliary stents. Terms of the acquisition were not disclosed.
4 min read · 13 March 2013
Medical device company Cibiem has appointed Ken Martin to president and chief executive officer. Martin will succeed Cibiem co-founder Howard R. Levin who will continue his active involvement within the company and as a member of its board of directors.The company is backed by SV Life Sciences and Third Rock Ventures.
3 min read · 13 March 2013
Venari Resources, a deepwater oil exploration company in the Gulf of Mexico, has appointed Bruce W. Busmire as executive vice president and chief financial officer. Busmire recently joined Venari from Anadarko Petroleum Corporation where he started in 2006 as the vice president and chief accounting officer.
2 min read · 13 March 2013
ABC Supply Holding Corp, the parent company of American Builders & Contractors Supply Co, has entered into a definitive agreement to redeem all of the shares held by its minority shareholders, an investor group led by Advent International. Upon the closing of the transaction, 100 percent of the shares of ABC Supply will be controlled by the company's co-founder, Diane M. Hendricks.
2 min read · 13 March 2013
Linden Capital Partners has added Eran Broshy as an operating partner. Broshy joins Linden from Providence Equity Partners and will work closely with Linden’s team focusing on investments in the provider, payer, and pharmaceutical services spaces.
3 min read · 13 March 2013
This morning find out more about Carlyle's new buyout fund investment criteria, TPG's property fund launch and which retailers have the worst customer service.
1 min read · 13 March 2013
Advent International takes the first and fourth spots of the $165.8 billion Canadian Pension Plan Investment Board’s top ten largest private equity fund managers performance rankings by multiple as of September 30, 2012.
2 min read · 13 March 2013
