Luisa Beltran

CDIB Capital hires Tang and Xie

CDIB Capital International Corp said May 15 that it has hired two Managing Directors, Hamilton Tang and Yinghai Xie in Hong Kong and Shanghai, respectively. CDIB also hired Sandy Ng as senior vice president in the investment and portfolio management team out of Shanghai. Tang is the former group CEO of Simon Murray & Co, while Xie was a Partner of SMC. Ng was previously a principal of SMC. CDIB Capital is the PE arm of China Development Financial Holding Corp.

CPPIB to invest $500 mln to IndoSpace Core JV

Canada Pension Plan Investment Board (CPPIB) said May 15 that it has committed to invest $500 million in a joint venture with IndoSpace. CPPIB will own a significant majority of IndoSpace Core, while IndoSpace Capital Asia will manage the entity. IndoSpace Core has committed to buy 13 industrial and logistics parks totaling about 14 million square feet, from current IndoSpace development funds. The assets are located in industrial and logistics hubs in India, including Chennai, Pune, Mumbai, Delhi and Bangalore. IndoSpace Core has the option to buy another industrial and logistics parks totaling approximately 11 million square feet.

Terminus raises $10 mln

Terminus has raised a $10 million Series B round led by Edison Partners. Also participating were Atlanta Ventures and existing investors. Terminus, of Atlanta, is an account-based marketing platform.

EQT sells Bureau van Dijk to Moody's for $3.3 bln

EQT said May 15 that it agreed to sell Bureau van Dijk to Moody’s Corp in a deal valued at 3 billion euros ($3.3 bln). Bureau van Dijk, of Amsterdam, provides a private company dataset that covers more than 220 million companies. Quayle Munro and J.P. Morgan represented the sellers. Moody's Corp is parent of Moody's Analytics and Moody's Investors Service.

Clark Brothers Capital raises $1 mln

Clark Brothers Capital Corp said May 12 that it raised $1 million in new equity and boosted the size of a previously announced private placement to $5 million from $1 million. Clark Brothers said it used the $1 million to acquire and renovate fifteen properties (twenty-one units) in Grand Rapids, Michigan. Clark Brothers, is a real estate investment firm also based in Grand Rapids.

Genoa Pharma raises $62 mln

Genoa Pharmaceuticals Inc said May 15 that it completed a $62 million Series A round of financing led by F-Prime Capital Partners and Edmond de Rothschild Investment Partners. Also participating were Novo AS, RiverVest Venture Partners, and TPG Biotech. Genoa said it named A. Bruce Montgomery, M.D., its CEO, while Mark Surber, Ph.D., the company’s founder and investor, was named chief scientific officer. Genoa, of Seattle, is a biopharmaceutical company focused on developing improved therapies for idiopathic pulmonary fibrosis.

Hercules Capital to engage financial adviser to consider "all available options"

Hercules Capital, a specialty finance company, said May 15 that it plans to engage an independent financial adviser to consider “all available options” in regards to the company’s investment management structure. It did not disclose what those options were. Hercules, of Palo Alto, California, provides senior secured venture growth loans to venture-backed companies in technology, life sciences and sustainable and renewable technology industries. Hercules has a $1 billion market cap.

General Atlantic invests in ControlExpert

General Atlantic said May 15 it is investing in ControlExpert. Financial terms weren’t announced. ControlExpert, of Germany, is a service provider to the car insurance industry.

PE HUB First Read

To start your morning, we have news that Russia is voicing outrage after suffering a cyberattack, Apple buys Lattice Data for about $200 million, while Magic Leap, which quietly settled a gender discrimination lawsuit, is out fundraising.

Five Questions with Inturn's Ronen Lazar