Ridgemont Equity Partners show growth at the time of scarce dollars for first time funds. Ridgemont Equity Partners, a private equity firm that came from Bank of America back in 2010, has recently announced that it has raised its first fund.

Protective Life Corp (PLN) is set to acquire Mony Life Insurance Company from parent AXA SA for $1.06 billion to access its life insurance policies portfolio.

Private equity firm Serent Capital has invested in Optimal Blue, a leading mortgage technology provider.

India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.

Hong Kong regulators has approved the listing of the IPO for China Galaxy Securities. Hong Kong exchange regulators have signified their approval for the initial public offering of China Galaxy Securities.

More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.

Serent Capital agrees to invest in Optimal Blue. Serent Capital has invested in leading mortgage technology provider, Optimal Blue. Serent Capital is a leading San Francisco-based private equity firm that focuses on investing with high growth and profitable companies.

PKO BP just recently announced plans to purchase Nordea Bank Polska and is also looking into the purchase of CSOB of KBC Groupe.

Private equity firm, Advent International, has opened an office in China, just like other big private equity firms The Carlyle Group CVC and Bain Capital.

Denizbank has entered into an agreement to acquire the Turkish consumer businesses of Citibank. Denizbank A. S. of Turkey was recently acquired by Sberbank, a state controlled bank of Russia late last year.