New Enterprise Associates has announced the second installment of its design mentorship program, In the Studio. Building on NEA’s 2013 program, In the Studio will be an intensive, two-week program for up to six design teams, developed and produced in collaboration with New York City-based product studio All Tomorrows, led by Albert Lee, and with Liz Danzico, founding chairperson of the Interaction Design program at New York City's School of Visual Arts.
3 min read · 14 April 2014
Catch up on the latest headlines after the weekend including NYSTRS' preference for buyouts, KKR's sale of Ipreo for near to $1 billion, how to determine whether a start-up is the one for you and the lowdown on going public after the Jobs Act.
1 min read · 14 April 2014
CapMan Nordic Real Estate is to acquire a modern office building from Vasakronan, the Swedish property company. The building is located in Solna, Northern Stockholm.
2 min read · 14 April 2014
Jason Allison has joined Walkers' Cayman Islands office as a partner in the global investment funds group. Allison advises on Cayman Islands corporate and investment funds law, with particular expertise advising institutional clients on all aspects of structuring and establishment of private equity funds and hedge funds, and the related downstream M&A and corporate finance aspects.
3 min read · 10 April 2014
Private equity funds that invest primarily in developed ex U.S. markets, and those that focus on emerging markets, started the second half of 2013 with solid returns in the third period. Both alternative asset classes generated positive returns for the quarter ending September 30, 2013, with investments in developed markets outperforming those in emerging markets for the period. Returns for funds in both asset classes were up from the prior quarter, according to global institutional investment firm Cambridge Associates.
7 min read · 10 April 2014
GrabTaxi, an automated smart-phone taxi booking platform has secured backing from investors including Vertex Venture Holdings, a wholly-owned subsidiary of Temasek Holdings. A group of angel investors from Malaysia are also providing financial support for the start-up.
4 min read · 10 April 2014
Chinese private equity firm Vision Knight Capital has closed its second private equity fund Vision Knight Capital China Fund II. The fund closed at its hard cap with aggregate capital commitments of $550 million.
2 min read · 10 April 2014
Monroe Capital has provided a $27 million senior secured credit facility to support the acquisition of Norment Security Group by Cornerstone Detention Products, Inc. Based in Montgomery, Alabama, Norment is a detention contractor.
2 min read · 10 April 2014
3 min read · 10 April 2014
Ipes has appointed Chris Merry as chief executive officer from 14 April 2014. Ipes is a European provider of fund administration and outsourcing services to the private equity industry.
2 min read · 10 April 2014
