Institutional investors

Seed funding raised for Newsela

Newsela received seed funding from New Schools Venture Fund and Kapor Capital worth USD1.2 million. Newsela is an online platform which helps students master reading and critical thinking.


Bacchus Capital exits Qupe Winery

In an announcement, after completion of a previous second lien loan, Bacchus Capital Management exits Bob Lundquist's Quepe Wines.

Victory Park Capital sells Ascent Aviation Services to LongueVue Capital

Victory Park Capital sold its portfolio company Ascent Aviation Services Corp to LongueVue Capital Partners.

KIK Custom Products to acquire Chemtura Corp's BioLab business for USD 315 million

Private equity-backed KIK Custom Products would be purchasing the consumer products business of Chemtura Corp in cash.


Latest News

According to a securities filing, BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin were said to have an interest in putting up an alternative bid for the smartphone maker.
Elliot Management is holding out for a higher valuation of its shareholdings in Kabel Deutschland in the takeover bid by Vodafone Group Plc.
Marlin Equity Partners bought iolo technologies and merged the acquired company with Phoenix Technologies.
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
CalCEF Clean Energy Angel Fund sold Allopartis Biotechnologies to Novozymes. CaICEF Clean Energy Angel Fund I exited from its portfolio company Alloparties Biotechnologies Inc.
Clients of private banks and private equity firms had taken steps to ensure themselves just in case the government shutdown would result to a US default.
The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.
Liberty Media said it bought back 5.2% of its own stock from Comcast Corp for USD 417 million. Liberty Media Corp bought back 5. 2% of its own shares from Comcast Corp in a cash deal worth USD 417 million.
Chief executive Fabrizio Viola of Banca Monte dei Paschi di Siena SpA had told reporters on Thursday that the bank would be increasing its capital via shareholder options.
Alibaba Group Holding Ltd would not list on the Hong Kong bourse, nor had plans to list on New York or any other bourse, said Chief Executive Jonathan Lu to Reuters.
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