Carlyle Group-backed OzForex is set to pursue AUD$500 million initial public offering for 2013. Global payments provider OzForex acquired the services of Goldman Sachs Group Inc.
Finance/Venture
Mizuho Global expects US$2 billion assets by March 2014
Mizuho Global Alternative Investments expect assets to rise as Japanese pensions continue to demand funds.
Cousins Properties to sell 60 million shares for acquisition funds
Investment company Cousins Properties plan to sell 60 million shares of its common stock to finance its pending acquisitions.
Gross returns to Encore as new vice president
Private equity investment firm Encore Consumer Capital welcomes Daniel Gross back as new vice president.
Citi ventures into social enterprise with loan facility for Kickstart
Citi Commercial Bank along with City Microfinance shelled out US $2 million in financing in favor of social enterprise Kickstart International.
Latest News
Lending firm AG Finance is set to pursue an initial public offering this July 30 for PHP 2.18 per share of its common stocks.
Lincoln International extends its territory to Italy after it acquired Rondelli Advisers for an undisclosed amount.
City Loan, a Larsen MacColl’s portfolio company, secures a loan facility worth US $30 million from Comvest Partners.
Many hedge funds raised their bets on the increase of gold prices, yet Goldman Sachs Group expected a reverse on the gold rally to occur.
Telegraph Hill Partners raised USD 310 million in capital commitments for their new fund. Telegraph Hill Partners (THP) garnered capital commitments worth USD 310 million to finance the THP III.
The financial industry is close to overtaking the tech industry according to the latest quarter reports, analysts said.
The CIT Group loaned from Odyssey Investment Partners an undisclosed amount to support the former's acquisition of Cross Country Pipeline Supply Co.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
KBA bought an 85% stake in Kammann Maschinenbau, a decoration press manufacturing firm owned by German private equity firm Perusa.
