Atlanta, US-based consumer credit reporting company Equifax acquired UK-based technology firm TDX Group in a deal valued at $327 million to expand its data and analytics services beyond the US.
Finance/Venture
Financial wrongdoing target for New York Attorney General
The Criminal Prosecutions Bureau has been expanded by New York Attorney General Eric Schneiderman to the Criminal Enforcement and Financial Crimes Bureau to focus on financial wrongdoing, Bloomberg reported.
US-based venture capital firm Andreessen Horowitz to raise new $1.5B fund -Primack
California, US-based venture capital firm Andreessen Horowitz is in the process of raising $1.5 billion for its new fund, according to Fortune LP whisperer Dan Primack.
North Texas venture capital investment surged in 2013 -report
North Texas received more than $630 million in venture capital investments in 2013, demonstrating a significant improvement from the $126 million commitment the region received in 2012.
Young investment bankers overworked and facing worsening working conditions - survey
Survey shows that there is little effort seen to improve the working conditions of junior investment bankers despite the death of an intern at Bank of America Merrill Lynch intern last summer, the Financial Times.
Latest News
Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.
Professional basketball team Sacramento Kings is the first team in the US to accept the Bitcoin, highlighting its fascination with the digital currency, The Sacramento Bee reported.
A lot of changes are taking place in the venture capital landscape and venture capital funds need to adapt or risk not thriving in the new landscape, The Economist reported.
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
New York, US-based private equity firm Cerberus Capital Management LP decided to exit its entire majority interest in Japan-based property operator Kokusai Kogyo Co in a deal valued between $1.25 billion to $1.34 billion.
RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.
Spanish banking firm Caixabank announced on Thursday that it is planning to sell down its 5% interest in stock market operator Bolsas y Mercados Españoles at €29.60 to €30.75 per share.
A report on UK-based news firm The Guardian cited Sagan Ltd marketing director David Kay saying porn could help the online currency Bitcoin succeed because of its private and quick transaction methods.
UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.
