Private equity firm Vista Equity Partners has acquired event software company Active Network. The deal amounted to around USD1 billion with Active Network selling 57 million shares priced at USD14.50 apiece.
Institutional investors
Sources say National Bank of Greece close to selling majority stake of Pangaia to Invel Real Estate
The National Bank of Greece is close to finalizing an agreement to sell its fully-owned real estate business Pangaia to private equity firm Invel Real Estate.
Venture capitalists invest in new media despite risks- report
Venture capitalist have continued to pour money in new media firms despite the potential hazards in the hope that the startups will be able to lure advertising money, according to a Reuters report.
Aberdeen Asset Management nears acquisition of SWIP from Lloyds Banking Group- report
A report from The Sunday Times said Aberdeen Asset Management was close to reaching a deal to acquire Scottish Widows Investment Partnership from Lloyds Banking Group.
Venture capitalists turn to seed investing - report
A report by the coordinated efforts of MoneyTree, PricewaterhouseCoopers and the National Venture Capital Association indicated an increased activity in seed investments in venture capitalists.
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The CDC Group, the development finance institution of the UK government, will be pouring more investments in India despite the sluggish economy, delayed reforms and a competitive private equity market.
William Littlewood, the hedge fund manager of Artemis Strategic Assets Fund, has taken a short position on Japanese government bonds, according to a column written by Mark Dampier on The Independent.
Chinese institutional investors' outbound investment in real estate will continue to increase next year as buying opportunities emerge in the United States and Europe and international financial institutions dispose of their property assets.
Keith Teare, the founder of just.me, told TechCrunch that he is interested in purchasing the assets of the mobile messaging platform which would be selling its five assets separately.
JPMorgan Chase & Co said it had agreed to settle claims related to faulty mortgage bonds with 21 investors which included the asset management units of BlackRock Inc, Goldman Sachs Group and Pacific Investment Management Co.
A CNBC report said the infrastructure industry, including power plants, ports and pipes, has given private equity companies and hedge fund firms opportunities for investment.
A peHUB report said private equity firms may pass up on the acquisition of Forbes Media which has put itself up for sale for at least USD 400 million.
The Social+Capital Partnership and Resolute.vc led the USD 2.7 million investment round for software recruitment solutions provider Greenhouse. Other investors like Bill Lohse of Pinterest and Seth Goldstein of DJZ and Turntable.fm also supported Greenhouse.
Activist investor Bill Ackman's Pershing Square hedge fund announced its intention to acquire almost 10% stakes each in troubled mortgage finance companies Fannie Mae and Freddie Mac.
