Finance/Venture

Virgin Money Returns to Profitability

Virgin Money recently returned to profitability after its acquisition of Northern Rock last January 2012.


Odgers Berndston names new head

Simon Havers was named as Odgers Berndston's new head. (Photo : Reuters)This is an image of executives based in London. Odgers Berndston, a United Kingdom-based private equity firm, named Simon Havers as its new executive to head its new private equity sector team.

BenefitMall hires Cohen as new payroll veep

Steve Cohen was named by BenefitMall as its new vice president. (Photo : Reuters)This is the logo of BenefitMall. Steve Cohen, former vice president of sales at White Glove Health, was announced as BenefitMall's new vice president.

Lyceum Capital expands investment team

Lyceum Capital promoted two executives into its investment team. (Photo : Reuters)Access Group is one of Lyceum Capital's known portfolio companies.


Latest News

Bizo obtains US$12.5 million venture debt financing with City National Bank. (Photo : Reuters)The image is the corporate logo of Bizo. Bizo announced that it had obtained a venture debt financin deal worth US$12.
Raffeisen Zentralbank agrees to acquire loan assets from Volksbanken AG as part of the bailout plan.
According to sources, Markit Group has appointed Goldman Sachs as the lead coordinator for its proposed initial public offering.
Senegal to issue Eurobond, one of the very first ones from Africa. (Photo : REUTERS)The system of so-called A US$500 million ten year Eurobond issue would be made by Senegal pegged at a 6% interest rate.
The Royal Bank of Canada and other fund managers to open new exchange to avoid high frequency traders.
Karen Eliadis is named as Lux Capital's new CFO. (Photo : Reuters)This is the logo of Lux Capital. Lux Capital announced that Karen Eliadis is its new Chief Financial Offier.
Colyar Consulting received investments from both Greyrock Capital Group and Shore Points Capital. (Photo : Reuters)An image of dollars as investment. Greyrock Capital Group and Shore Points Capital have made investments in Colyar Consulting Group, a software solutions provider based in Pheonix, Arizona.
CVC's private equity arm floated one of its credit funds to acquire Eur351.2 million. (Photo : Reuters)The image is the corporate logo of CVC Capital Partners.
Artisan Partners launched Artisan Global Small Cap Fund, a new active equity fund on Tuesday. (Photo : Reuters)The image shows US dollar bank notes. Artisan Partners launched Artisan Global Small Cap Fund, a new active equity fund on Tuesday.
RiverPark/Wedgewood Fund announced today that as of June 21, 2013, the assets under its management have reached a total of US$1.9 billion.
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