A US SEC filing by big data company Palantir revealed that it was set to do a USD57.5 million fundraising three months after it had raised USD195.5 million in an earlier funding round.
Institutional investors
Norways prepares for divestments as ownership of Statoil is subject for a review
A December 4 interview conducted by Bloomberg with Industry Ministry Monica Maeland revealed Norway's plans to divest some of its holdings in several companies including Statoil ASA.
Hedge funds pale in comparison to US stocks performance in 2013 - report
Recent data revealed that performance of hedge funds in the US this year was poor in comparison to the US stocks index despite massive fees demanded by money managers from its clients.
Lloyds Banking Group agrees on sale of Irish mortgages to Apollo Global Management
Lloyds Banking Group is to divest its Irish home loans to an affiliated company of private equity firm Apollo Global Management in a deal worth GBP 257 million.
Reuters report says pension funds, other investors in rush to invest in European infrastructure
At a time when interest rates are low, investors are now seeking to invest in European infrastructure to get higher returns. However, the assets are scarce, according to a Reuters report.
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Paul Kazarian, founder of Japonica Partners & Co and known for his purchase of Greek bonds, told Bloomberg in an interview that Greece needs to adopt corporate accounting practices if it is to return to the debt markets.
Private equity firms in Europe have chosen initial public offerings as the way to exit their investments as the markets have become open, according to a report from the Financial News website.
Vale SA, the world's largest iron-ore producer is considering to sell its holdings in its coal and fertilizer divisions. The Brazilian mining giant is also looking to sell its stake in a steel-slab plant constructed with Germany's ThyssenKrupp AG.
Multinational conglomerate General Electric Co. intends to proceed with its project to construct a manufacturing site near a port in Rio de Janeiro. The port is being built by LLX Logistica, which was formerly run by Brazilian petroleum titan Eike Batista.
Switzerland-based food group Nestle SA is divesting its Givaudan SA shares worth USD1.27 billion to institutional investors, according to a statement on the company's website.
Experts say there is a possibility that London-based hedge funds may be pushed away from the UK after the government said it would be conducting a clampdown on corporate partnerships.
Investment firm Catalyst Capital Group is the fourth bidder to withdraw from the Canadian government's auction of a 700 MHz wireless spectrum. Canada seeks to break the stronghold of three dominant players in the country's mobile phone business.
As part of its recent acquisition streak, SFX Entertainment bought a majority stake in European ticketing services company Paylogic in a deal valued at approximately USD16.5 million.
Shares of Australian broadcaster Nine Entertainment declined in its first trading day by as much as 3.4% in Sydney to AUD 2 per share from its offer price of AUD 2.05.
