The new venture of Cliffwater LLC and Virtus Investments would be called Cliffwater Investments. Multi manager asset management business operator Virtus Investment Partners together with leading advisory firm Cliffwater LLC announced the establishment of Cliffwater Investments LLC.
Deals
Vodafone seeks government approval to own more shares India unit
Vodafone seeks bigger share of its Indian unit, wants government approval. Vodafone Group Plc sought approval on Tuesday, Oct. 29, to raise the number of shares of its India unit for $US1.
Vention Medical purchases Fast Forward Medical
Vention Medical, one of the firms in the Fund IV of KRG Capital Partners, acquired Fast Forward Medical.
NextDoor receives USD60 million investment for international expansion
The USD60 million raised in NextDoor's Series C financing round would go towards hiring additional software engineers to develop its core product.
Onex Credit Partners LLC completed its latest collateralized loan obligation
Onex Credit completed its fourth collateralized loan obligation through a private placement. Onex Corporation through a statement announced Onex Credit Partners LLC had completed the offer of its fourth collateralized loan obligation through a private placement transaction.
Latest News
Former Co-operative Group chief executive Barry Tootell said he and other company executives had doubts over the capability of the mutual fund to acquire 632 Lloyds Banking Group branches for USD750 million.
With the projected growth of video advertising, Rockabox opens a Series A funding round worth GBP3 million.
BP Plc's recent quarterly report showed a bright investor future amid an overall glum oil and gas industry.
OGX would be filing for bankruptcy should it not be able to meet interest payments to bondholders amounting to USD44.5 million.
A Wall Street Journal report cited sources who said Morgan Stanley plans to seek approval from the US Federal Reserve regarding its plans to widen its share repurchase program.
Petróleo Brasileiro (Petrobas) was reportedly nearing the completion of its Peru-based asset sale to China National Petroleum Corp (CNPC).
Electricite de France (EDF) and Veolia Environment said on Monday that both were coming close to agreeing the terms of their exit in Dalkia.
Brixmor Property Group would be raising up to USD 905.6 million when it goes public, helping make 2013 the biggest year for IPOs in the US real estate market.
Consol Energy would be selling some of its assets to Murray Energy Corp in a deal worth USD 850 million.
