Mid-market focused private investment firm Rift Valley Equity Partners has closed its most recent fund. Rift Valley has also appointed two new partners, Oliver Ong and Mark Woolgar.
2 min read · 20 May 2014
The Russia-China Investment Fund is making a joint investment with OJSC Far East and Baikal Region Development Fund to build the first railway bridge over the Amur River on the border between the Russia and China. The new bridge will have a capacity of up to 21 million tonnes per year.
2 min read · 20 May 2014
The Russia-China Investment Fund (RCIF) has joined forces with Vcanland, a developer of tourism infrastructure and senior living communities in China. Together, they will launch a joint investment fund targeting $800 million (RMB 5 billion) with a focus on the tourism and senior living infrastructure in China and Russia.
3 min read · 20 May 2014
SingleHop has secured $14.8 million in venture debt financing from Silicon Valley Bank and Farnam Street Financial. This supplements the company’s 2012 Series A of $27.5 million, led by Battery Ventures. SingleHop is a platform for cloud IaaS and managed hosting for SMBs, enterprises, and service providers worldwide.
3 min read · 20 May 2014
This Tuesday morning read all about corporates filling the venture funding gap, UTIMCO's success with young love and a new fund placement business for i-bank.
1 min read · 20 May 2014
Actis has sold a stake of Ugandan electricity distributor Umeme for $85.5 million. Investec Asset Management and Uganda’s National Social Security Fund join Actis as cornerstone institutional shareholders in Umeme.
2 min read · 19 May 2014
MetLife has completed a 122.8 million pounds ($206 million) senior debt acquisition financing package for an affiliate of US-based Greystar Real Estate Partners. The loan is secured against three student housing assets in London totalling 1,135 beds. The real estate financing loan was arranged for MetLife by Laxfield Capital, a specialist commercial mortgage investment manager in the UK.
3 min read · 19 May 2014
Catch up on the latest after the weekend including CVC's fourth Asian fundraising, a review of private equity growth in emerging markets and what target DC Capital Partners is aiming for with its latest offering.
1 min read · 19 May 2014
The Giant Pixel Corporation is building its entrepreneur in residence program. Finance professional Kunal Agarwal has joined the team.
2 min read · 15 May 2014
Audax Group has acquired MIRATECH and formed MIRATECH Group through its investment in Phillips & Temro Industries and by spinning-off PTI’s silencing business. Headquartered in Tulsa, OK, with additional facilities in Minnesota and Winnipeg, MIRATECH Group offers a full suite of emission and acoustic solutions for industrial engines including catalysts, housings, silencers, control and monitoring systems and other related services.
3 min read · 15 May 2014
