CVC Credit would list CVC Credit Partners European Opportunities Ltd in the London Stock Exchange. Private equity firm the CVC Group is planning to raise Eur300 million or US$389 million from investors through flotation of one of its credit funds.
Institutional investors
OpenCoin Supported by Google Ventures and IDG Capital Partners
OpenCoin receives funding and support from IDG Capital Partners and Google Ventures. OpenCoin disclosed that it concluded another circle of angel funding from renowned investors IDG Capital Partners and Google Ventures.
J.C. Flowers Acquires Cabot Credit Management from AnaCap
Anacap Financial Partners announced the transfer of Cabot Credit Management to JC Flowers. Europe-based private equity consultant on financial services , AnaCap Financial Partners LLP was delighted to announce the sale of Cabot Credit Management to J.
Acacia Raised US$20 Million
Acacia raises US$20 million from its financing round. In an announcement today from Acacia Communications, it disclosed that it concluded its financing round with US$20 million additional finances.
SunTech Obtains Creditor Reprieve Again
Suntech was able to obtain another deferment as to the loan obligations that would fall due on May 15.
Latest News
Catalyst Principal Partners invests in Yes Brands of Ethiopia. The East African-focused private equity firm, Catalyst Principal Partners pronounced today its purchase of a 50% shares in the Ethiopia’s Yes Brands Food & Beverage.
Commerzbank is selling off its property loans unit to Lone Star and Wells Fargo Bank. Commerzbank is in deep discussion to negotiation the divestment of the bulk of its Eur5.
Third Point's Daniel S. Loeb is seeking the break up of Sony into separate parts for more focused business and profit.
Navis invests in TES Envirocorp. Southeast Asian private equity firm, Navis Capital Partners, has concluded its investment into TES-Enivirocorp, an electronic waste or e-waste division leader based in Singapore but known globally.
Lanx Inc Concludes Series C funding by raising US$15 million. The privately held world renowned spine company, Lanx, Inc. disclosed today the conclusion of its Series C equity financing round by raising US$15 million.
CVC and Betfair conclude discussions after second offer is rejected by Betfair board. According Reuters, CVC Capital Partners and Betfair have concluded their discussion regarding a takeover after the private equity firm advised Betfair that it would no longer make a third revision on their offer for the gambling company.
Polaris Private Equity acquires HTC Sweden for an undisclosed price. The leading Danish/Swedish investor in middle market private equity deals, Polaris Private Equity has acquired the world creator and maker of systems for professional floor grinding and floor solutions, HTC Sweden AB.
Family funds such as the Reimann family have eased out other private equity firms in terms of long term investments.
TransferWise raises funds with Paypal co-founder leading the funding round that totalled US$6 million.
