Huron Rivers Ventures Partners announced its completion of its initial fund worth $11 million. Early-stage venture capital investment company Huron River Ventures Partners has reached a close on its maiden fund, Huron River Ventures I worth $11 million.
Finance/Venture
Sweden Completes Divestment of Nordea Shareholdings
Sweden sells off the remaining shareholdings in Nordea Bank. Sweden has sold the remaining half of its stake in the biggest bank in the region, Nordea, The sale netted US$3.
Belgian regulator fines former Fortis officers for gaffe
The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.
Hedge Fund Managers Fear Continued Doldrums
Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.
Sweden's Segula Advisor adds board member
Swedish private equity firm Segulah Advisor named Lars Nyberg as member of the board. Stockholm-based private equity investment company Segulah Advisor announced on Wednesday that it has chosen Lars Nyberg as its newest member of the board.
Latest News
The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.
On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
Befimmo, in exchange for an AXA Belgium investment, does a novel exchange deal. (Photo : Reuters)The image is the front step of AXA's corporate headquarters, who is selling through a management buyout its private equity subsidiary.
Nigeria prepares for a new Eurobond issue worth another US$1 billion. (Photo : Reuters)Nigerian Parliament sets on a call to order. Plans for a one week roadshow to be conducted in Britain, Germany and the United States would be undertaken by Nigeria.
In a statement, Franklin Equity supports RHJ International in its bid to acquire BHF- Bank. (Photo : Reuters)The image is the corporate offices of RHJ International SA.
Janney Montgomery Scott LLC expands its veteran adviser leadership with new transfers from Morgan Stanley Wealth Management.
NVCA announced that Bobby Franklin is the association's new president. The NVCA (National Venture Capital Association) announced on Tuesday that it has named Bobby Franklin as its next president and Chief Executive Officer.
Private equity firm Denham Capital gave $100 million to Endeavor Energy as capital to fund the expansion of the company in Afria.
David Polk & Wardwell announced the entrance of Jon Leibowitz to its team of antitrust specialists. The Federal Trade Commission's ex-Chairman Jon Leibowitz is now joining Davis Polk & Wardwell's Washington D.
