The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
Investors
ING Groep NV says capital buffers sufficient for ECB testing
Regulatory authorities are reviewing the capital buffers ING Groep NV for real estate financial loans prior to ECB testing to be conducted.
Macquarie hires independent John Malhotra as its new head for Asian oil and gas advisory business
John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.
Lloyds Banking Group conducts internal inquiry
An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report irregularities.
Elliott Management Corp expands shareholdings in Celesio
Paul Singer's Elliott Management Corp increased its shareholdings in German drug distribution firm Celesio AG.
Latest News
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.
App maker Mobile Accord intended to reach up to 100 million people by the end of this year, thanks to its recent USD6.6 million investment it received from unnamed investors.
A ten year agreement was formalized between Kuwait's National Aviation Services and Ariana Afghan Airlines.
Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.
The Saudi Aramco board, according to unconfirmed news reports, would be joined by BG Group Chairman Andrew Gould.
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.
One source told Businessweek that private equity firm KKR & Co might propose a leverage buyout offer to Marvell Technology Group Ltd.
