Private Equity
The private equity firm, formed by several angel investors, purchased the Yahoo unit for an undisclosed amount. Yahoo bought Kelkoo, an online shopping engine, for $576m in 2004.
1 min read · 05 January 2013
The virtual mobile network operator, which uses advertising revenue to provide young people with free mobile services, will use the funding to pursue its international expansion.
1 min read · 05 January 2013
The private equity firm specialising in environmental infrastructure investments has opened a new office in Italy to continue raising its European Solar fund. It is targeting €50m and has already raised €40m.
1 min read · 05 January 2013
Ganymed pharmaceutical has now raised €117m from mostly German private equity firms to develop its cancer drugs pipeline.
1 min read · 05 January 2013
Communications company IPC Systems, exited by GS Capital for $800m in 2006, has sold off its emergency call-focused group to West Corporation.
1 min read · 05 January 2013
The $1.7bn pension started investing in real estate just three years ago, however it is now considering increasing its target allocation by 3% and investing in international real estate for the first time. The plan said it was 'shutting off two-thirds' of the world by focusing on the US.
2 min read · 05 January 2013
Citing 'exceptional client demand' for its initial foray into infrastructure, the institutional asset manager may seek to raise a second fund in 2009. The UBS International Infrastructure Fund has already made three investments since last year.
2 min read · 05 January 2013
The Canadian pension has set aside an additional C$1.4bn to invest with opportunistic fund managers, and directly, targeting US and UK distressed real estate.
2 min read · 05 January 2013
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
2 min read · 05 January 2013
The firm has sold its substantial portfolio of Portuguese wind energy businesses and is currently in negotiations to sell off similar assets in Germany, France and Greece as it seeks to relieve its debt burden.
2 min read · 05 January 2013
