Cleveland, Ohio-based recycling company Vadxx Energy received funding from Liberation Capital, a private equity firm, for its first commercial-scale facility that can transform plastic waste to energy.
Institutional investors
Alcatel-Lucent in talks to divest enterprise business- sources
Alcatel-Lucent is in talks with interested buyers, including Unify GmbH & Co. KG, for the sale of its enterprise business, according to sources interviewed by Bloomberg.
Private equity lures Washington heavyweights with huge paydays after government stint- report
The 2012 controversy involving the private equity industry and Washington has not stopped the industry from continuing to offer former public officials with huge paydays, Politico reported.
More early-stage venture capital firms close on capital in 2013- report
Despite a slowdown in venture capital fundraising last year, there were more venture firms that closed capital in 2013 compared to that of the previous year, according to the Wall Street Journal blog Venture Capital Dispatch citing data from DJX LP Source.
Activist investors seek overhaul of property portfolio of British grocery chain Wm Morrison- report
Activist investors like Elliott Associates are seeking for an overhaul of the property portfolio of Wm Morrison, the fourth largest supermarket chain in Britain, the Financial Times reported.
Latest News
Private equity group Apax Partners is considering selling its stake in London-based foreign exchange firm Travelex in the form of a probable initial public offering (IPO), according to two sources.
Rebellion Photonics Inc, a provider of cameras with the power to detect gas leaks in oil rigs and refineries, closed its Series A round with $10.4 million.
California-based early stage investment platform TPG Growth is in advanced talks to acquire New York-based beauty company e.l.f. Cosmetics, according to three sources familiar with the matter.
Michigan, US-based Talmer Bancorp Inc, a company backed by billionaire Wilbur Ross, filed for an initial public offering (IPO) of common stock worth $230 million with the US Securities and Exchange Commission.
New York, US-based electronic trading firm Virtu Financial Inc filed confidential documents for an initial public offering (IPO), according to sources familiar with the situation.
Of all the capital raised for private equity buyout funds last year, half of it went to the biggest funds, according to data published on Friday by London-based research firm Preqin.
Maryland, US-based healthcare firm WellDoc bagged $20 million from Windham Venture Partners and Merck Global Health Innovation Fund to market BlueStar, the first mobile therapy prescription for diabetes.
British biotechnology startup QuantuMDx turned to crowdfunding platform Indiegogo to raise funds for the development and commercialization of a hand-held device that can diagnose malaria rapidly.
Colorado, US-based cloud provider Peak (formerly PeakColo) raised $4 million in a new funding round from existing investors Sweetwater Capital and Meritage Funds, according to company press release.
