Palatine secures GBP 150 million funding after the close of its second fund. Manchester-based Palatine Private Equity secured funding amounting to GBP 150 million, 55% of which were commitments from overseas investors at the close of its second fund.
Industry
Alternative investments are "accidents waiting to happen" - Galvin
Mass. Secretary Galvin launched an investigation on complex investment options to seniors. An investigation on higher risk investments was initiated by Massachusetts Secretary William Galvin today.
CVRx gets US $29.6 million funding
The privately held company gets deal with Johnson & Johnson Development Corporation and New Enterprise Associates as co-lead investors.
PTT cuts 2013 investment budget
PTT Pcl announced that it is cutting their 2013 investment budget PTT Pcl announced that it is cutting their 2013 investment budget by 46% to 54. 6 billion baht or US$1.
Microsoft officially concludes InRelease acquisition
Microsoft announced that it had officially concluded InRelease acquisition. Microsoft has now officially reported that it has concluded the purchase of InRelease, InCycle's business venture unit, a few weeks following the deal was revealed.
Latest News
Kenya stated plans to introduce derivatives into its market. Following Kenya's equity trading volume decline in its stock exchange, which is also the region's largest, Kenya announced plans to introduce real estate investment trusts and derivatives, Kenya's financial-markets regulator said.
ACE Group announced that they have expanded their ACE Worldview platform ACE USA announced that it has expanded its ACE Worldview® platform to ACE Risk Management (ARM) clients and brokers.
INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
In order to manage a currency crisis, selling off foreign currency to mop up local currency averts a long term crisis.
The People's Bank of China has released notice to require banks and companies to use the yuan in their international transactions.
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
According to the third quarter BCI Index, investors in Nigeria are becoming more confident. Business confidence levels in the Nigerian market is steadily improving, said the Lagos Chamber of Commerce and Industry, the premiere chamber of commerce in the African nation.
According to ProNicaragua, the country's FDI were more than doubled in a span of two years. According to Nicaraguan investment promotion firm ProNicaragua, the country experienced a large boost in foreign direct investments last year, putting the South American nation in the international investment spotlight.
