The emerging markets have sophisticated tech pockets but still trail the US considerably, according to a survey of venture firms.
2 min read · 04 January 2013
Polaris Acquisition, led by former Apollo advisor Marc Byron, has acquired the dashboard navigation system maker for $700m, though Apollo will retain its majority stake in the company.
1 min read · 04 January 2013
The exodus from the beleaguered investment bank continues as Tudor Investment, whose funds include venture and hedge, has tapped Bear veterans Gregory Hanley and Alan Mintz to co-head its credit strategies unit.
2 min read · 04 January 2013
The $39bn fund, which manages income from the state’s oil and mineral resources, has also cut its domestic equity and fixed-income exposure.
1 min read · 04 January 2013
The $41.7bn retirement system has also committed $38.9m to Avenue Capital Group’s first European fund.
2 min read · 04 January 2013
The Boston-based commodities specialist has hit the hard-cap on its first independently raised fund since spinning out of collapsed hedge fund Sowood Capital last year.
2 min read · 04 January 2013
The VantagePoint-backed solar energy company has raised fresh capital from a bevy of new investors, just two months after landing the largest-ever US government solar contracts.
2 min read · 04 January 2013
Hunt Ventures, an investment arm for Dallas tycoon Ray Hunt’s personal and commercial wealth, hopes to 'springboard' to larger funds after landing its first institutional investor.
2 min read · 04 January 2013
TPG and New Mountain Capital have joined an investment in Tygris Commercial Finance Group, which in turn has agreed to acquire a DLJ Merchant Banking-backed equipment finance company.
2 min read · 04 January 2013
The $58bn Virginia Retirement System continues its alternatives push with an investment in the $10bn buyout fund.
1 min read · 04 January 2013
