The U.S. Securities and Exchange Commission on Wednesday announced fraud charges and an asset freeze against a Connecticut venture capital executive previously charged with insider trading, and now accused of cheating his own clients out of tens of millions of dollars, Reuters News reported.
2 min read · 13 May 2015
Buyout groups IK and Nordic Capital are vying for Germany-based wheelchair maker Sunrise Medical in a potential 450 million euro ($507 million) deal, sources told Reuters.
1 min read · 13 May 2015
Blackstone Group, Hong Kong-based investor PAG and Japanese property firm Hulic Co are among potential bidders for property asset manager Simplex Investment Advisors in a deal that could fetch around 150 billion yen ($1.25 billion), sources told Reuters.
2 min read · 13 May 2015
Wanda Group's Wang Jianlin and an investment firm founded by Alibaba Group Holding Ltd's Jack Ma took part in a 800 million yuan ($129 million) funding round for a little-known sports entertainment company backed by local tech firm LeTV, Reuters News reported.
2 min read · 13 May 2015
European private equity firm PAI is looking to launch a sale or stock market listing of airplane cargo handler Swissport as soon as the end of this year, sources told Reuters News.
2 min read · 13 May 2015
It was one dollar too much for Cablevision Systems Corp. The cable company is planning to pull out of the auction process for the New York Daily News after spending hundreds of hours analyzing a potential deal, sources told Reuters News.
2 min read · 13 May 2015
TPG Capital LP partner John Marren has a reputation for savvy technology investments and for leading the private equity firm's technology buyouts team. Since the beginning of last year, though, he has been taking a less prominent role, according to TPG documents reviewed by Reuters News.
2 min read · 12 May 2015
Intel Corp's former chief product officer has co-founded a venture capital company which aims to raise $300 million (£191.4 million) to invest in Israeli companies seeking listings, Reuters reported.
1 min read · 12 May 2015
European private equity firm Doughty Hanson & Co said it had agreed to sell its entire stake in Eurofiber, the owner of Netherlands largest independent fiber optic network, to Antin Infrastructure Partners for 875 million euros ($982.98 million).
1 min read · 12 May 2015
Grupo BTG Pactual SA's asset management unit on Tuesday closed fundraising for a new timberland fund, collecting $860 million from investors increasingly interested in forestry assets across Latin America, Reuters reported.
1 min read · 12 May 2015
