I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
50 South Capital Advisors LLC has agreed to buy the investment management business of Aurora Investment Management LLC, a unit of Natixis Global Asset Management. Financial terms weren’t announced. Chicago-based Aurora Investment provides hedge fund solutions.
6 min read · 03 March 2016
Callcredit Information Group, a portfolio company of GTCR, has acquire Numero. Financial terms weren’t announced. Numero, based in Leeds, England, is a customer experience management specialist.
3 min read · 03 March 2016
Apollo Global Management LLC has committed $175 million in equity to Pegasus Optimization Managers LLC. Pegasus, of College Station, Texas, is a natural gas contract compression and solutions provider.
3 min read · 03 March 2016
Trinity Ventures said Wednesday that Matthew Goldstein was named a Principal.
2 min read · 03 March 2016
XPND Capital closed its second fund, XPNDCROISSANCE, at $75 million. Investors include Fonds de solidarité FTQ, Fondaction CSN, Investissement Québec and Caisse de dépôt et placement du Québec. XPND Capital, of Quebec, makes growth investments.
4 min read · 03 March 2016
Kensington Capital Partners said Thursday it closed a fund of funds at C$306 million ($227.9 million). The target of the Kensington Venture Fund, which will invest in Canadian-based VC funds and technology companies, was C$300 million. Investors include BMO Financial Group, CIBC, OpenText Corp, Richardson GMP, Royal Bank of Canada, Scotiabank, TD Bank Group, Torstar Corp, and the Government of Canada.CIBC, OpenText Corp, Richardson GMP, Royal Bank of Canada, Scotiabank, TD Bank Group, Torstar Corp, and the Government of Canada.
4 min read · 03 March 2016
1 min read · 02 March 2016
Teakwood Capital said Tuesday it invested in iiPay. Financial term weren’t announced. U.K.-based iiPay provides is a cloud-based payroll services company.
2 min read · 02 March 2016
GlobalTranz Enterprises Inc said Wednesday that it named Robert “Bob” Farrell as its CEO. Andrew Leto, GlobalTranz’s founder and current CEO, will continue on the board. GlobalTranz, freight management solution provider, is backed by Providence Equity Partners and Susquehanna Growth Equity.
3 min read · 02 March 2016
Intercontinental Exchange said Tuesday it agreed to buy Standard & Poor’s Securities Evaluations Inc and Credit Market Analysis from McGraw Hill Financial. Financial terms weren’t announced. Securities Evaluations provides fixed income evaluated pricing while Credit Mark Analysis supplies data for the over-the-counter (OTC) markets.
3 min read · 02 March 2016
