Interesting investment opportunities are picking up, according to 3i Chief Executive. 3i, a British private equity investor, said Thursday that investment opportunities were starting to pick up.
Institutional investors
Travellers International to go through with expansion plans depite IPO delay
Travellers International stated that it would go ahead and spend US$600 million on expansion depite IPO delay.
Deutsche Börse to launch new block trading service Liquidnet
Deutsche Börse will soon launch its new block trading service, Liquidnet. Deutsche Börse announced that it will soon launch Liquidnet, its new block trading service.
Kofax receives US$1.2 million for accounts payable processing
Kofax received US$1.2 million for accounts payable processing from a global logistics company. Kofax PLC announced receipt of US$1. 2 million from a global logistics company.
Chatham produces US$1.60 million in its IPO
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
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Open-Xchange raised US$20 million for cloud services expansion. Open-Xchange received funds worth US$20 million from United Internet, Hermann-Josef Lamberti, and existing shareholders.
Singapore's Redmart raised a Series A round to increase valuation. Redmart, a Singaporean online grocery store, raised funds through a Series A round held recently.
According to the latest data from Dow Jones VentureSource, US venture investment declines. Dow Jones VentureSource, a data service of Dow Jones & Co.
Texas firms took a breather and said “time out” on M&A activity. "Texas followed the nation in taking a breather from M&A activity in the first half of the year," said Chad Watt.
Holiday Fenoglio Fowler secured financing amounting to US $100 million for the construction of a high-rise condominium in Manhattan.
Neuberger Berman announced the launch of a new fund where it plans to invest in the Greater China Region.
USI Insurance Services announced that it has completed the purchase of Cohen-Seltzer Inc. USI Insurance Services announced that it has completed its purchase of Cohen-Seltzer Inc.
Softbank enters into a joint venture with Bloom to distribute hydrogen and bio-fuel cells in Japan.
Mister Spex bought Loveyewear and Lensstore in a bid to enhance its international presence. Two Swedish online eyewear shops, Loveyewear and Lensstore had been bought by Mister Spex, also an optic shop with heavy online operations.
