The first of two Pequot Capital venture spin-outs has surpassed its initial fundraising target of $250m.
2 min read · 04 January 2013
The pan-African investor, nearing full deployment of its first independently raised fund, is betting that the East African nation’s biggest saltwater lake can produce four million tons of salt by 2012. The fresh capital will be used for buying equipment and facility renovations.
2 min read · 04 January 2013
As the stock prices of many financial services companies collapse, Warburg Pincus, TPG and Corsair Capital are suffering publicly due to possibly ill-timed investments in MBIA, Washington Mutual and National City, respectively.
3 min read · 04 January 2013
The European venture firm has hired Eric Ly to enhance its Silicon Valley network as the love affair between the venture community and social networking websites continues.
1 min read · 04 January 2013
The distressed debt and real estate specialist hopes to capitalise on an improving regulatory environment for buyouts of distressed assets in China.
2 min read · 04 January 2013
Solar cell equipment maker GT Solar is seeking a roughly $500m debut despite a rough second quarter for venture-backed floats.
2 min read · 04 January 2013
Fees generated from private equity-sponsored buyouts and other transactions are at their lowest level since 2003; First Reserve replaces Blackstone as the top revenue source for investment banks.
2 min read · 04 January 2013
Respondents to a recent survey also said sovereign funds’ long-term strategy makes them more appealing than other LPs.
2 min read · 04 January 2013
The project, one of Blackstone’s first investments in renewables, would construct roughly 80 wind farms off the German island of Helgoland.
1 min read · 04 January 2013
Pacific Biosciences has lured the backing of an eclectic consortium of investors including Kleiner Perkins, Ontario Teachers’ and fixed income hedge fund Deerfield.
2 min read · 04 January 2013
