Paladin Capital and a fund led by Credit Suisse, with the backing of the Abu Dhabi government, have invested $77 million in a producer of thin film solar products.
2 min read · 04 January 2013
Venture firm Sigma Partners will not make any major changes in its early-stage strategy for its latest, $500 million fund.
1 min read · 04 January 2013
Thoma Cressey Bravo will divide its investment team in two for its next round of fundraising. Bryan Cressey will raise and manage a healthcare-focussed fund, and Carl Thoma and Orlando Bravo will raise and manage a software-focussed fund.
1 min read · 04 January 2013
The JP Morgan-led group of banks that underwrote $10 billion of debt related to Cerberus’ acquisition of Chrysler has sold $6 billion of the debt at 95 percent of par.
2 min read · 04 January 2013
Kleiner Perkins Caufield & Byers has made a co-investment of $10 million with GTI Group in GloriOil, a company formed by GTI in 2005 to commercialise a biotechnology that increases oil well efficiency.
2 min read · 04 January 2013
Palo Alto, California-based venture firm Technology Partners has closed its latest fund on $300 million, to be allocated to the cleantech and life science sectors.
1 min read · 04 January 2013
As the credit market continues to tighten, Home Depot is working with Bain, Carlyle and Clayton Dubilier & Rice to renegotiate the agreed $10.3 billion sale of its HD Supply Division.
2 min read · 04 January 2013
Conditions in the leveraged loan market mirror those in the subprime market, the IMF said in its semiannual report. The result could be a rise in defaults, widespread volatility and the drying up of dealflow.
2 min read · 04 January 2013
The Carlyle Group has bought the assets of Industrial Specialty Fabrics to enhance the conveyor belt business of its portfolio company, Veyance Technologies, which was formerly Goodyear’s Engineered Products Division.
2 min read · 04 January 2013
Canadian firm CAI has sold dental and vision insurer SafeGuard Health to MetLife, generating a 20 percent IRR on the investment.
2 min read · 04 January 2013
