Private Equity
(Reuters) - The University of California is under no obligation to obtain and disclose information on the investment performance of venture capital funds in its portfolio, a California court ruled Thursday in a decision that could broadly affect how public-records laws are interpreted.
3 min read · 20 December 2013
The Canadian-based energy investor aims to raise a new fund, eyeing $150 million to $250 million
3 min read · 20 December 2013
Since 2008, 33 U.S.-based venture-backed companies have launched billion-dollar offerings
2 min read · 20 December 2013
Toronto-based corporate finance firm GreenBank Capital (CNSX: GBC) has launched two new vehicles to invest in Bitcoin and Bitcoin start-ups. They are called Bitcoin Canada Investments, which will invest in Bitcoin, and Bitcoin Angel Capital, which will invest in early-stage Bitcoin and other digital cryptocurrency-focused companies. GreenBank, which believes it is the first public investment firm to establish a presence in the Bitcoin market, will do a private placement to accredited investors of up to $5 million in debentures with conversion rights into 90% of the common shares of Bitcoin Canada and Bitcoin Angel.
3 min read · 18 December 2013
Intel Capital slowed its investment pace modestly this year, putting $300 million into 124 deals, the organization said Tuesday.
1 min read · 17 December 2013
Russian investor withdraws from arrangement that allowed him invest in companies that participate in special program
2 min read · 17 December 2013
Cleantech funding for U.S.-based companies looks to have rebounded in the final three months of 2013 after seven straight down quarters. That’s the good news.
1 min read · 17 December 2013
But funding in the sector perked up in the fourth quarter after seven down quarters
2 min read · 17 December 2013
Canadian venture capital firm McRock Capital has announced the initial close of its $50 million industrial Internet partnership, McRock iNFund LP. Capital committed was led by BDC Venture Capital with the participation of Canadian and U.S. institutional investors and family offices. The fund closing follows McRock's announcement last month of a strategic partnership with GE Canada to help introduce a higher degree of connectivity and analytics of the digital world to resource sectors. Based in Toronto, McRock invests in Canadian and U.S.-based companies that are targeting large industrial markets looking to maximize efficiency by making their machines, equipment and devices run more intelligently.
4 min read · 16 December 2013
Toronto-based investment firm McRock Capital has raised $50 million in the first close for its industrial internet VC fund. Investors include BDC Venture Capital and "significant" Canadian and U.S. institutional investors and family offices.
3 min read · 16 December 2013
