Oaktree Capital Management is raising its third a new energy fund, according to a regulatory filing. The firm is targeting $800 million with a hard cap of $1 billion. It's the firm's first energy-focused effort without its former partner, GFI Energy Ventures, which sold its franchise to Oaktree, according to LBO Wire.
1 min read · 04 February 2010
LMS Capital plc, a listed UK buyout firm, appointed Robert Rayne to succeed Jonathan Agnew as Chairman. Payne was previously a director at energy-focused buyout firm First Reserve.
3 min read · 04 February 2010
Taiwan's economic minister said the National Development Fund has decided not to inject funds into a newly established PC chip company, which will instead seek funding from the private sector.
1 min read · 04 February 2010
Connecticut could raise $1.3 billion for its new budget by securitizing various assets, including state charges on utility bills and lottery revenues, the treasurer said in a report issued on Wednesday.
2 min read · 04 February 2010
Catterton Partners, has acquired Sun Water Systems, Inc., the maker of Aquasana, a home water filtration system. Terms of the transaction were not disclosed.
3 min read · 04 February 2010
2 min read · 04 February 2010
2 min read · 04 February 2010
The World Bank's private sector lending arm is investing more than $2 billion in sub-Saharan Africa in the 2009/10 fiscal year as investment opportunities improve, the lender's head said on Thursday.
2 min read · 04 February 2010
4 min read · 04 February 2010
EUCODIS Bioscience, a Vienna-based company providing customized enzymes to the pharmaceutical, chemical, and other industries, has received a cash injection of EUR 2 million ($2.76 million) from existing shareholders. That includes Pontis Capital, Wiener Wachstumsfonds, IBG, and ARAX.
2 min read · 04 February 2010
