Bloomberg LP unveils Bloomberg Beta, a fund focusing on technology start up firms. (Photo : Reuters)The image is the corporate logo of Bloomberg News. In an announcement, Bloomberg LP unveiled Bloomberg Beta, the US$75 million venture fund that would focus on providing financial investments in early stage technology firms and start up ventures.
Institutional investors
Kelso & Company To Sell Custom Building Products
Kelso & Company hires Barclays to look for potential buyers for its home and furnishing construction firm, Custom Building Products.
SAC Says No Employee Reduction Will Take Place
Speculations had it that SAC Capital Advisors LP will reduce the numbers of its staff but the firm's president denied said speculations through an e-mail sent out to workers.
Goldman Sachs Invest US$135 Million to ReNew Power Pvt. Ltd.
Recent announcement stated the investment of US$135 million by Goldman Sachs in India-based energy company, ReNew Power.
Flocktory Completes latest Series A Financing Round
Flocktory completes its latest series A financing worth US$1.5 million. (Photo : Reuters)The image is the corporate logo of Flocktory. The market leader in Russia's social referral marketing for online retailers, Flocktory, has announced that it closed its series A financing round.
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Springer Science, the German publisher, is weighing whether to sell shares or entertain bids for the company.
Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.
CVC Capital Partners aims to sell its stake for a price of EUR12.5 to EUR15 per share. CVC Capital Partners, a private equity firm, is aiming to sell parts of its stake in the Belgian postal service.
Real estate investment trust fund, American Homes 4 Rent files US$1.25 Billion IPO for its Class A shares.
Cinven Ltd, KKR & Co LP and Warburg Pincus LLC are weighing deals to bid for PRA International, a clinical research group.
A private auction was launched that drew companies including GE, Rockwell Collins and Thales SA interested to bid for Arinc Inc.
Pactel is acquired by the partnership of TA Associates and SpeedCast. One of the leading global private equity firms, TA Associates has entered into an agreement with its portfolio company SpeedCast Ltd to acquire Pactel International.
The Gores Group purchases Etrali Trading Services from France Telecom-Orange. The global investment firm, the Gores Group together with France Telecom-Orange, the worldwide telecommunications service provider, had announced the acquisition of Etrali Orange Business Services - Trading Solutions.
Two companies that are link to Chinese State-backed groups are pursuing the US$5 billion Glencore Xstrata mines in Peru.
