China's Weibo Corp, a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth, Reuters reported.
2 min read · 17 April 2014
Blackstone Group LP (BX.N), the world's largest alternative asset manager, reported a 30 percent rise in first-quarter earnings, driven by strong gains in its private equity arm that more than offset declines in its real estate unit.
1 min read · 17 April 2014
Bain Capital LLC has raised $7.3 billion from investors and its dealmakers for its next flagship fund, people familiar with the matter said on Thursday, underscoring the favorable fundraising environment for established private equity firms.
2 min read · 17 April 2014
Online dating website Zoosk -- co-founded by Shayan Zadeh and Alex Mehr, who met as students in Tehran's Sharif University of Technology -- filed to raise up to $100 million in an IPO.
2 min read · 16 April 2014
Warburg Pincus LLC is in advanced talks to acquire Electronic Funds Source LLC (EFS) in a deal that could value the transportation services payments company at more than $1 billion, sister news service Reuters reported
1 min read · 16 April 2014
German industrial machinery and process engineering group GEA Group has agreed to sell its heat exchangers division, with a value of about 1.3 billion euros (1.0 billion pounds) including debt, to private equity investor Triton, Reuters reported.
2 min read · 16 April 2014
Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government, Reuters reported.
2 min read · 16 April 2014
Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government, Reuters reported.
2 min read · 16 April 2014
Private-equity and venture capital firms secured $2.34 billion in funding for Brazil investments last year, down 35 percent compared with 2012, the Latin American Private Equity and Venture Capital Association said. The amount represented 43 percent of the $5.5 billion raised across Latin America, said the New York-based group, known as Lavca.
3 min read · 16 April 2014
Carlyle Group LP has closed it first sub-Saharan African fund after raising $698 million, the U.S. private equity firm said on Tuesday, exceeding its initial target by 40 percent.
1 min read · 16 April 2014
