2 min read · 19 September 2012
Google, Amazon.com, eBay, Facebook and other Internet companies have formed a lobbying group called The Internet Association to tackle regulatory and political issues in Washington, D.C., and it is due to kick off on Wednesday, Reuters reports
2 min read · 19 September 2012
1 min read · 19 September 2012
Private equity house CVC Capital Partners has sold a 10 percent stake of the firm to a group of investors as it looks to strengthen ties with its influential backers, writes Reuters. The names of the investors and the value of the stake were kept confidential, writes Reuters.
2 min read · 19 September 2012
Warburg Pincus has sold almost half of its remaining stake in Delhi-based Moser Baer India, writes Reuters. The PE firm, which had pumped in over $200 million in public listed optical media products maker during 2000-04, has part-exited, having lost over 95 per cent of its investment value, as per VCCircle estimates, writes Reuters.
2 min read · 19 September 2012
If Blackstone, the listed private equity firm, buys home security and energy management firm Vivint, it will mark yet another sizeable exit this year for Goldman Sachs.
2 min read · 18 September 2012
1 min read · 18 September 2012
Zynga Inc is to acquire A Bit Lucky, a digital gaming studio, writes Reuters. Terms of the deal were not disclosed. Zynga said more than 20 A Bit Lucky employees, currently based in San Mateo, California, will join Zynga's San Francisco division.
2 min read · 18 September 2012
A US regulation that limits how much of its own capital a bank can put at risk is causing headaches for Morgan Stanley as it prepares to raise a new multi-billion-dollar global infrastructure fund, writes Reuters. The regulation, called the Volcker rule, puts a cap on the amount of capital that Morgan Stanley can pledge to the new fund. That means senior executives at Morgan Stanley Infrastructure Partners will have to make do with a smaller share of the fund's profits, writes Reuters.
5 min read · 18 September 2012
On the heels of its successful IPO, DC-based PE shop Carlyle is reloading on a new fund that could grow to as high as $10 billion.
1 min read · 17 September 2012
