Silver Lake Partners have completed Silver Lake Partner IV fund worth US$10.3 billion. Silver Lake Partners, the partner of Michael Dell in the privatization bid for Dell Inc worth US$24.
Institutional investors
NovoPedics Gets a Commitment from Foundation Venture Capital
NovoPedics obtains funding from Foundation Venture Capital. The recently established NovoPedics was able to obtain a $500,000 funding from Foundation Venture Capital.
Saban Capital Opened Office in Singapore
Saban Capital Group opens its Saban Capital Group Asia subsidiary. In an announcement, leading global media and communications investment firm Saban Capital Group disclosed that its fully owned subsidiary Saban Capital Group (Asia) Pte Ltd.
Blackstone Group is Selling Off One of Its Portfolio Properties
Blackstone is in the process of selling Barker Block in Los Angeles. Blackstone Group LP is in the process of selling off its London West Hollywood hotel property to maximize the benefits provided by the surging Los Angeles lodging market.
Blackstone Quits Dell Race
According to anonymous sources, Blackstone Group withdraws from Dell takeover bidding. And now it has come to one, as Blackstone Group LP has withdrawn from the race for the takeover of Dell Inc.
Latest News
Paulson's Advantage Fund has declined gold shareholdings because of the decline in gold trading worldwide.
OPKO Health announced investment in OAO Pharmasynthez and partnership with Rusnano. OPKO Health Inc has announced that it would be investing about US$9.
GBP5 million was raised in the latest Series A financing round for Fits.me. Fits. me announced today that its Series A investment round had reached approximately GBP5 million.
Riding high on the UBS backlash, Actelion investors reject plan for executive compensation during shareholder meeting.
Allecra Therapeutics raise new funding. Edmond de Rothschild Investment Partners disclosed to the public the primary investment of BioDiscovery 4 through its participation in the Series A financing round of Allerca Therapeutics.
SolarWorld is seeking to find a compromise agreement with its creditors to avoid insolvency. SolarWorld is discussing with its creditors to finalize an agreement as to the restructuring of the company in the next two to three weeks.
PowerbyProxi raises new funds to expand its wireless power technology. Reuters reported that PowerbyProxi was able to raise an additional US$5 million of funding previously reported in VentureBeat.
Clairevest Group and its affiliate partners have invested in County Waste of Virginia. It was announced that Clairevest Group Inc. (Clairevest), Clairevest Equity Partners IV-A Limited Partnership and Clairevest Equity Partners IV Limited Partnership put together US$15 million to invest into Virginia's County Waste.
KKR acquires luxury RTW retailer SCMP Group. The private equity firm Kohlberg Kravis Roberts & Co with its afflilates has signed an agreement to purchase a majority shareholder's stake in SMCP Group.
