Private Equity
The NYU Tandon School of Engineering and ff Venture Capital announced an accelerator-type program for artificial intelligence startups, called NYU/ffVC AI NexusLab. The New York City-based program will recruit worldwide for five early-stage startups in sectors including software, data and security, health care, finance, and media.
5 min read · 27 July 2016
App commerce company Poq raised $4 million in a Series A funding round led by venture and growth investor Beringea, with participation from existing investors. Launched in 2011 and based in London, Poq raised seed money from Seedcamp and Venrex.
3 min read · 27 July 2016
Deutsche Beteiligungs AG launched a new buyout fund, DBAG Fund VII, with commitments of one billion euros. The firm's co-investment commitment totals 200 million euros. The fund will be able to make equity capital investments of up to 200 million euros.
5 min read · 27 July 2016
Nashville-based Petra Capital Partners, LLC invested $10 million in business process software provider BP3 Global. The capital will be used to accelerate the development of BP3's Brazos decision management platform.
4 min read · 27 July 2016
As Hillary Clinton makes history, questions continue to swirl over the DNC email hack and Russia's responsibility.
1 min read · 27 July 2016
Chicago Pacific Partners closed its debut fund, oversubscribed at a $325 million hard cap. The firm, which invests in middle-market healthcare companies, has so far deployed capital along three investment platforms: CPF Living Communities, Marquee Dental Partners, and Recovery Ways.
2 min read · 26 July 2016
VMG Partners sold Babyganics, a brand of personal care and household products for families with children, to SC Johnson. Financial terms were not disclosed. This is the second exit in VMG's second fund. The firm specializes in branded consumer product companies in the lower middle market.
3 min read · 26 July 2016
This week's opportunities are spread around the country, from an alternative energy analyst gig in DC to a business development job in Denver.
3 min read · 25 July 2016
Indian budget chain Treebo Group of Hotels raised 112 crore rupees ($16.6 million) in a Series B funding round led by Bertelsmann India Investments, a strategic investment vehicle of international media company Bertelsmann. Existing investors SAIF Partners and Matrix Partners India also participated.
5 min read · 25 July 2016
Lazard Ltd announced the appointment of Christopher Mulshine as managing director in private capital advisory, based in New York. The group manages fundraising for private equity and real estate firms, acting as advisor and placement agent.
2 min read · 25 July 2016
