The privately held company gets deal with Johnson & Johnson Development Corporation and New Enterprise Associates as co-lead investors.

NVM private equity invests in management buy-out of Buoyant Holdings, a UK furniture manufacturer. NVM Private Equity invested in a British manufacturer of upholstered fixtures in the amount of GBP 7 million.

ACE launched ACE elite II public offering of securities insurance. The ACE Group of Companies announced the launch of ACE elite II Public Offering of Securities Insurance (POSI).

Tadhamon Capital arranged plans of acquiring two assets in the UK. Tadhamon Capital announced that it has arranged for the acquisition of two assets in the United Kingdom.

The US Securities and Exchange Commission, hoping for increased investor mobility, voted for the implementation of the JOBS Act.

JPMorgan and Wells Fargo let go bonds worth around US$38 billion. JPMorgan Chase & Co. and Wells Fargo got back around US$38 billion of their riskiest investments in the first quarter as an increase in trading activity persuaded them the assets were easier and more simple to value.

Enterprise application software company secures minority recapitalization from TA Associates but the deal's details were not released.

Palatine secures GBP 150 million funding after the close of its second fund. Manchester-based Palatine Private Equity secured funding amounting to GBP 150 million, 55% of which were commitments from overseas investors at the close of its second fund.

According to Bain Capital, India's slowing down resulted in lack of investment opportunities. "India is slowing down," says Nikhil Raghavan, a principal at Bain Capital LLC.

PSEi joined regional rally. The Philippine Stock Exchange index has joined the regional rally. The benchmark index closed at 6,360. 73, a rise of 52. 55 points or 0.