The Riverside Company has closed its fifth general fund with $1.17 billion in capital commitments, compared to a $900 million target. The fund will focus on investments in North American companies with EBITDA between $5 million and $15 million. Limited partners include the State of Oregon, Meketa Investment Group, the Illinois State Board of Investment, IAM National Pension Fund, Sentry Insurance, Mass Mutual and the University of Washington.
5 min read · 04 June 2009
3 min read · 04 June 2009
2 min read · 04 June 2009
Cartesian Capital Group has formed Iris Reinsurance Ltd., a Bermuda-based provider of industry-loss warranties. No financial terms were disclosed. Iris Reinsurance will be run by Chase Toogood (formerly with Credit Suisse and ACE Capital Re) and Schuyler Havens (Freestone Capital Management).
2 min read · 04 June 2009
4 min read · 04 June 2009
Norwest Venture Partners has agreed to acquire a 2.11% equity stake in Mumbai-based National Stock Exchange of India Ltd. from IL&FS Securities Services Ltd. The deal is valued at Rs 250 Crores ($53.1m).
4 min read · 04 June 2009
2 min read · 04 June 2009
Telx, a New York-based interconnection and colocation data center operator,m has raised $43.5 million in new private funding. RBC Capital Markets was joined by return backers CIT Communications and Media & Entertainment.
3 min read · 04 June 2009
2 min read · 03 June 2009
1 min read · 03 June 2009