Mark Mobius of Templeton Emerging Markets Group considered investing in Africa. In a statement Mark Mobius released, he said he was considering private equity investments as one of the ways to tap growth in Africa.
Finance/Venture
Indian investment atmosphere gloomy - Assocham
Assocham said that investments have dropped in India in a report released today. Assocham, one of India's associations of chambers of industry and commerce reported today that direct investments in the country are looking at a bleak future.
Lincoln International expands in Brazil, Aquires Stratus Group
The leading global mid-market investment bank furthers its bid to cater to Latin America and Brazil based clients with the acquisition of Stratus Group's financial advisory division.
Greece’s Biggest Lender Banks Expected to Bid on state-controlled bank
Hellenic Postbank, Greece's largest lender, is slated to receive separate bids fro the country's largest banks.
Fort Washington Capital Launches Two new Products
Cincinnati-based Fort Washington Capital has launched two new funds. Fort Washington Capital Partners Group, a private equity fund manager based in Cincinnati, had submitted its plan to launch two fresh investment funds that should raise a combined valuation around $150 million.
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Kingsway announced that they have signed non-binding letter of intent with Atlas for sale of preferred shares
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
Signal Hill sponsors Boston-based Launchpad Venture Group. In an announcement today, investment bank Signal Hill said that it became a major sponsor of Launchpad Venture Group.
Due to a newly created rule, alternative investment market trusts can now be captured in investment savings accounts.
Brookfield named Kim Redding as its new chief investment strategist. Brookfield Asset Management, an alternative asset managing firm, announced today that it appointed Mr.
According to J.P. Morgan, Dubai Holding could earn about US$1 billion by selling its minority shares in two telecom firms.
Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.
Standard & Poor downgraded SoftBank because of the financial risks it took in buying Sprint. Standard & Poor cut SoftBank Corp's debt rating to two levels to "junk" status.
Meta Pharmaceutical Services received a US$7.5 million loan from Praesidian Capital. Mezzanine capital provider for small and medium sized firms Praesidian Capital announced today that it steered a US$7.
