Dawn Capital II Fund raised GBP63 million. Dawn Capital raised GBP63 million for the first close of its Dawn Capital II fund. Contributions for the fund came from the UK Future Technologies Fund, the European Investment Fund, and the likes.
Institutional investors
MidOcean Partners Acquires Water Pik
MidOcean buys Water Pik Inc together with Vulcan Capital and other investors. MidOcean Partners along with other investors including Vulcan Capital has acquired Water Pik, Inc.
Swedish-backed fund targets the Philippines
A US$120 million fund was put up by Swedish firm Brummer and Partners and 20 other investors. A private equity fund targeting Philippine firms worth PHP5 billion or US$120 million was launched today.
MPM Capital acquires minority stake in InformedDNA
Genetics service provider InformedDNA received and investment from MPM Capital's Sun State Fund.
CIT backs LendPro
Cloud service provider LendPro received backing from the Center for Innovative Technology. The Center for Innovative Technology announced today that its subsidiary CIT GAP Funds made an investment in LendPro.
Latest News
The President of Cyprus announced several new rules giving investors new incentives. In a statement released today, the President of the Republic of Cyprus announced that more incentives will be given to investors who wish to take a chance on the Cypriot market.
To prevent a market collapse, India needs more equity investments according to top analyst Prahbat Awashti.
The continued weakening of the rupee and the Federal Reserve's stimulus policy prompted a massive Indian market exit from investors.
Assocham said that investments have dropped in India in a report released today. Assocham, one of India's associations of chambers of industry and commerce reported today that direct investments in the country are looking at a bleak future.
TPG announced its plan to acquire the parent company of Envision Pharmaceutical. Private equity firm TPG announced on Monday that it planned to acquire the parent company of Envision Pharmaceutical Services.
The web content management system company acquires Eur 200,000 funding to expand its business with specific focus on product enhancement and development.
Argex planned for a non-Brokered private placement of Can$10 million to two subscribers. Argex Titanium Inc. announced its plan for a non-brokered private placement of Can$10 million.
Magnolia Broadband secures US $3million funding from investors led by SCP Partners to cover expansion of its technologies.
Sagentia Group acquired OTM Consulting. Sagenta Group PLC acquired 100% stake in OTM Consulting Limited along with its wholly owned subsidiary, OTM Group.
