The San Francisco-based firm will invest in a Turkish alcoholic beverage maker in the first of what it says will be many investments.
2 min read · 31 December 2012
Almost two years after going public, the New York-based investment bank has raised $80 million for its first venture capital fund.
1 min read · 31 December 2012
The historically reclusive firm peeks out from behind the curtain with a new web space.
1 min read · 31 December 2012
In the latest of a flurry of financial software services acquisitions, TA Associates has completed a $200 million buyout of Global 360.
2 min read · 31 December 2012
New data from the National Venture Capital Association shows that long-term performance in the US remains strong despite dismal IPO valuation. Dave Keating reports.
3 min read · 31 December 2012
General Motors has agreed to sell a 51 percent stake in its General Motors Acceptance Corp to private investment groups affiliated with Cerberus and Citigroup in a $14 billion deal that is designed, in part, to help restore the financing unit’s credit rating.
3 min read · 31 December 2012
Russell Read will take the helm at the largest public pension fund in the US on June first.
2 min read · 31 December 2012
The Omaha, Nebraska-based firm, expecting increased demand for natural gas, will take a 50 percent ownership in a company building a gas storage facility.
1 min read · 31 December 2012
In separate insurance deals, former Marsh affiliate Stone Point has led the capitalisation of a new reinsurance platform with $1.5bn, while Lightyear has acquired an insurance division from White Mountains Insurance Group.
2 min read · 31 December 2012
The parent company of Nashville-based Captain D’s Seafood, co-owned by Charlesbank Capital Partners, Grotech Capital Group and Stockwell Capital, will buy the second largest Mexican fast-food chain in the US and “co-brand” it with the seafood chain.
2 min read · 31 December 2012
