The Small Business Investor Alliance, who had been championing the the Small Business Capital Access and Job Preservation Act in the US House of Representatives, expressed their approval for the passage of the Act.
Industry
Private equity funds have more dry powder for acquisitions - report
Institutional investors were putting more money to private equity funds as they bet on improved dealmaking in the next two years, according to a report.
Australian bankers have reason to celebrate as IPOs rise this year- report
With the revival of initial public offerings, Australian bankers have many things to be happy for as underwriting fees also surge, according to a report.
Small steps to Mars are a big leap for Indian companies
Indian companies that built most of the parts for the country's recently launched Mars mission are using their low-cost, high-tech expertise in frugal space engineering to compete for global aerospace, defence and nuclear contracts worth billions.
This skill may bring about gender balance in PE industry
A report said the dearth of women in the leadership ranks of the private equity industry can be solved in the natural evolution of the private equity business model.
Latest News
China saw 1015 venture capital/private equity (VC/PE) investment deals clinched from January to November with a disclosed value of 72.66 billion US dollars
A report from the Straits Times debunked the perception that Chinese firms were facing growing hurdles in the US, citing data that China's investments in the US had nearly tripled this year.
In a 254-159 vote, the US House of Representatives passed a legislation exempting private equity firms from provisions in the 2010 Dodd-Frank Wall Street Reform Law. However, a similar action is not expected from the Democrat-dominated US Senate.
According to a report by the South China Morning Post, the approved merger of American Airlines and US Airways to form the largest airline by revenues in the world is not good news for passengers.
British insurers plan to invest 25 billion pounds ($41 billion) in transport and energy projects over the next five years, the finance ministry said on Wednesday, a day before it presents a half-yearly economic update.
The International Data Corporation released its forecast for the PC market worldwide, estimating a 10.1% plunge in 2013 sales, a 3.8% contraction in 2014, and a 300-million mark on an annual basis.
A Financial Times report said investment banks worldwide are set to reduce employee remuneration for the third year even as profits have increased, highlighting the importance placed on shareholder returns than on the pay of employees.
U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since the data firm comScore has been tracking such information.
The U.S. Chamber of Commerce on Monday called for changes to the U.S. financial risk council that could slow the process by which it designates large financial firms as "systemic," subjecting them to tougher supervision.
