New Jersey, US-based private equity firm DFW Capital Partners has closed $162.5 million for its fourth fund called DFW Capital Partners IV, shooting past its $150 million target.
Funding
Indian firms ink private equity deals worth $10.68B in 2013
Indian companies were able to get private equity deals worth $10.68 billion in 2013, an increase of 12% in value terms compared to that of the previous year.
US shoemaker Crocs' chief to retire as Blackstone picks up $200M stake
The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the struggling shoemaker.
Perth miner Mirabela Nickel secures $45M in interim financing
Perth, Australia-based mining firm Mirabela Nickel Ltd secured a $45-million (A$50.7-million) loan from its note holders in an interim financing deal as the Rothschild Capital Funds looks for investors for the troubled miner.
New Zealand's Old Ghost Road cycle trail receives $800k funding for completion
The Old Ghost Road cycle trail, which is developed by Mokihinui-Lyell Backcountry Trust, received $800,000 from the Department of Conservation of New Zealand to complete the project.
Latest News
Textron Inc Chairman and Chief Executive Officer Scott Donnelly disclosed to analysts and investors in a teleconference today that it will be financing its acquisition of Beech Holdings LLC via debt.
The News Lens founder and chief executive Joey Chung said the new angel funding and the inclusion of media veterans Marcus Brauchli and Sasa Vucinic into the company fold will help the startup solidify its reputation as a trusted news source in Taiwan.
Li Ka-shing, the richest man in Asia, has just invested an undisclosed amount in BitPay, a US-based startup that provides services similar to a PayPal for bitcoins.
Intel Capital, US-based Intel Corp's corporate venturing division, announced that it is investing in Taiwan-based digital image solution provider SanJet Technology to support the development of next generation wearable and car applications.
Swedish laboratory Nordic Society for Intervention and Discovery (NSID) has raised funding via Indiegogo to develop No More Woof, a headset prototype that translates dogs' thoughts into English.
Shenzhen, China-based taxi app Didi Dache is reportedly raising $100 million in a Series C funding round from investors Citic and Tencent for the integration of a payment platform into the app.
Marijuana-focused magazine High Times said it is working towards creating the High Times Growth Fund that will allow investors to invest in legitimate marijuana startups, CNBC reported.
York, UK-based air conditioning and refrigeration technology services provider Cooltec Services has attracted £40,000 in business loan from Finance Yorkshire for its much-needed working capital.
Chinese e-commerce giant Alibaba reportedly poured in tens of millions of dollars in mobile security tool LBE Security Master for real-time monitoring of malware, spyware and adware in smartphones.
