Patrick Corso departs Providence Equity, the fourth senior departure in the company since 2008. (Photo : Reuters)The image shows a view of Hong Kong's business district.
Institutional investors
SAC Hedge Fund Rivals Hope to Feast on Investor Redemptions
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.
Coty Inc To Do IPO At A Discount
Coty Inc, the perfume maker to the elite, is undertaking an IPO that is below market value with many provisions.
UI software developer launches new product, raised over $1 million in investments
WorldDesk received $1.25 million from investors including North Irish investment firm Lough Shore Investments in line with the laun
Severn Trent Bid Rejection Causes Ripples
Severn Trent rejection of the LongRiver consortium bid causes ripples in the mergers and acquisitions market as well as losses for hedge fund firms anticipating the buyout sale.
Latest News
The FTSE Emerging Markets index fell 1.7 % on Tuesday. (Photo : Reuters)The image is the flag of South America's largest economy, Brazil. FTSE declined from its peak last May to more than 10 percent.
Newcastle Investment Corp. announced today, a public offer of 30,000,000 shares of its common stock.
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.
Insight Venture Partners is the leading investor of the said fund. (Photo : intel capital) A $42. 8 million worth of funding was received by BrightEdge, led by Insight Venture Partners.
Alpheus Communications closes a loan facility totalling US$135 million. (Photo : Reuters)The image is the corporate logo of Alpheus Communications. The Bank Street Group was the joint lead arranger for senior secured financing worth US$135 million.
Ambow Education has been ordered liquidated by a Cayman Islands court. (Photo : Reuters)The image is the team logo of Avenue Capital Group. Ambow Education Holdings Ltd of China was ordered by a court to go into provisional liquidation.
TVA Medical raised US$5.9 million from Series B financing for minimally invasive technology for End Stage Renal Failure patients.
