FCA Venture Partners revealed that they had sealed a US$53 million fund. FCA Venture Partners announced that it had just closed a US$53 million fund. The capital they have raised would be used to fill a funding gap that exists between angel and later-stage investment periods.
Corporations
AIG resumes talks with Chinese group for sale of leasing unit
AIG announced that they are resuming talks with a Chinese group regarding the sale of its aircraft leasing unit.
Socrative receives up to US$750,000 in its seed funding round
CEO of Socrative reveals that his company had collected US$750,000 in a seed funding round from investors including True Ventures, NewSchools Venture Fund, Eileen Rudden and Jean Hammond.
SM Investment Corp shares plummet after share sale
SM Investment Corporation shares experience an all time low since discounted share sale. SM Investment Corp's shares slid noticeably for the first time in six weeks after the equity trading that sold US$150 million worth of shares that were offered at a discount.
Tom Rothman signs into joint venture with Sony
Sony Pictures Entertainment signed a joint venture agreement with Tom Rothman. Sony Pictures Entertainment announced on thursday that Former 20th Century Fox hit performer Tom Rothman had signed a joint venture with the studio.
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HootSuite financiers revealed that Blumberg Capital had earned up to 520% from their initial investment in HootSuite.
Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.
Ekahau, Inc. revealed that Horizon Technology Finance Corporation spearheaded a US$6 million debt financing plan for the tech company.
Green Delta Capital Limited revealed that it had signed a memorandum of understanding with BD Venture Limited to ensure cooperation between the two companies in various business sectors.
Fortress Investment Group said that they are pushing Blackstone Group LP to sell and exit investments.
Sources said that Krishnapatnam Port Company intend to sell stakes in the company in a bid to raise INR1,200 crore for its expansion plans.
Sources said that KKR will be investing around US$463 million in Hilding Anders AB via payment-in-kind notes.
The Dunkin' Brands Group said that they are targeting to expand operations and open Baskin-Robbins stores in Germany in 2014.
Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.
