Ardian is the new entity formed when AXA Private Equity spun off from AXA Group. In an announcement, AXA Private Equity had said it completed its spin-off from the AXA Group.
Investors
New Zealand bails out stricken coal miner
The New Zealand government along with private lenders had agreed to aid stricken coal miner Solid Energy with a multi-million bailout fund.
Ally's James Mackey to become Freddie Mac's finance chief
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
Wells Fargo to pay mortgage settlement claims to Freddie Mac
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
Wall Street declines as US government shutdown looms
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
Latest News
Steve Case, Tige Savage and David Golden lead Revolution Ventures fund to the future. The Revolution Ventures fund, the first fund aimed at early stage investments, announced the expectation of closing USD200 million in commitments earlier today.
In the latest Series B funding round for Evolent, the amount raised USD100 million. Evolent Health had announced the completion of a USD100 million Series B funding round.
The latest funding round saw Love Home Swap receives GBP1.025 million funding. Home swap holiday service Love Home Swap had announced it had raised another GBP1.
Twitch's Series C investment round garnered USD20 million. The world's foremost video platform and community for online gamers, Twitch, recently announced a Series C USD20 million investment.
Buyout firm Northstar Group, with its TPG backing, had opened a fund to surpass its previous high of USD820 million.
A USD15 million investment was recently announced by Clairvest to be received by Cieslok Media. The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company.
Chinese shoemaker Daphne International's sales performance lead to a sluggish stock performance on the bourse.
Mick Davis and Trevor Reid, former executives of Xstrata form X2 Partners to establish X2 Resources with the Noble Group and TPG.
HelloFresh was able to raise USD 7.5 million in Series C financing. Berlin-based ecommerce food site HelloFresh secured USD 7. 5 million for its Series C round.
