This morning find out what public pension funds are planning for their private equity portfolios in the next year, what Internet and social media stocks to buy this year and fundraising news from Littlejohn and ABRY Partners.
1 min read · 09 July 2014
GTCR and Opus Global Holdings have acquired Hiperos. Hiperos is a specialist in third party management.
5 min read · 08 July 2014
Cloudian, a provider of hybrid cloud storage solutions, has closed a $24 million financing round. New investors included INCJ and Fidelity Growth Partners. Existing investors include Intel Capital.
4 min read · 08 July 2014
The Rohatyn Group's TRG Growth Fund II has sold its minority stake in Transportadora de Gas Internacional to majority shareholder Empresa de Energia de Bogota for $880 million. EEB is an energy holding company in Colombia with interests across the electricity and natural gas sectors.
2 min read · 08 July 2014
Carlyle has released preliminary performance metrics for its carry funds during the second quarter of 2014. Carry fund valuations increased 5 percent during the second quarter of 2014. Over the past twelve months, Carlyle’s carry fund portfolio increased 20 percent.
2 min read · 08 July 2014
Horizon Technology Finance Corporation has led a $25 million venture loan for mBlox. mBlox is a global provider of A2P text messaging.
3 min read · 08 July 2014
StoneCalibre has acquired Edge Biosystems, headquartered in Gaithersburg, Maryland. Established in 1990, EdgeBio is a specialized manufacturer and distributor of sample preparation and clean-up products for use in DNA sequencing.
2 min read · 08 July 2014
Sterlite Technologies, a global provider of transmission solutions for the telecom and power industries, has entered into agreements with Standard Chartered Private Equity for an equity investment in Sterlite Power Grid Ventures Ltd. SPGVL, a subsidiary of Sterlite, focused on the development and operations of power transmission projects, will issue convertible securities to Standard Chartered Private Equity for a minority share.
3 min read · 08 July 2014
FishBrain, a mobile app and social network for anglers, has closed a $2.4 million funding round led by Northzone and Active Venture Partners. Other investors include GP Bullhound and Edastra Venture Capital.
5 min read · 08 July 2014
Regent Education, a provider of financial aid management and enrollment software solutions for higher education institutions, has secured a $9 million round of funding. New Markets Venture Partners joined current lead investor Chrysalis Ventures in the investment syndicate.
4 min read · 08 July 2014
