F&C Private Equity has held a €30 million first close on Aurora Fund, which will acquire secondary interests in European private equity funds and co-investments. The final target is €45 million. Aurora Fund's first deal closed in October, when it bought Iceland-based Landsbanki's private equity fund interests.
4 min read · 14 December 2009
Gulf Marine Maintenance and Offshore Service Co. (GMMOS), a UAE-based provider of marine services to the offshore oil & gas industry, has secured a $100 million term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank. The facility will be used to refinance existing debt and fund acquisitions. GMMOS is backed by Abraaj Capital and Waha Capital.
4 min read · 14 December 2009
3 min read · 14 December 2009
1 min read · 14 December 2009
1 min read · 14 December 2009
Brewster Boyd has joined Colorado cleantech incubator CleanLaunch as director of finance. He previously was a vice president with Plymouth Venture Partners and as a fellow with the Frankel Commercialization Fund.
3 min read · 14 December 2009
1 min read · 14 December 2009
Hercules Technology Growth Capital has agreed to acquire Spa Chakra Inc., a global luxury spa network. No financial terms were disclosed for the deal, which would be part of a prepackaged Chapter 11 bankruptcy.
3 min read · 14 December 2009
2 min read · 14 December 2009
3 min read · 14 December 2009