Allegis Capital stated that it has appointed Nawaf Bitar, Dr. Hossein Eslambolchi, Tom Gillis, and Jeffrey Williams as its new venture partners.
Investors
Indiareit Fund Advisors raises INR300 crore for its newest fund
Indiareit Fund Advisors announced that it had raised up to INR300 crore for its Indiareit's Domestic scheme V worth INR1000 crore.
TA Associates invests in Flashtalking
Flashtalking received investment backing from TA Associates, the financial details however were not disclosed.
Peaceful elections, economic stability lead to better performance for Barclays Bank of Kenya
Barclays Bank of Kenya revealed that it is expecting better performance in the second half of this year.
LivQuik receives backing from Snow Leopard Technology Ventures
LivQuik Technology stated it had received the support of Snow Leopard Technology Ventures in an effort to expand its operations and enhance the image of their products.
Latest News
Branded Reality revealed that it had secured an investment from The North West Fund for Digital & Creative.
Vivint Solar stated they have gathered US$200 million in two new tax equity funds that would be used to fund solar power platforms on residential rooftops.
The Washington Post announced that Jeff Bezos had acquired the newspaper for US$250 million in cash.
A report stated that Alliant Techsystems are in discussions to buy Bushnell for around US$1 billion.
Sources said the Federation of National Public Service Personnel Mutual Aid Associations in Japan is looking to consider a shift in policy that would allow them to invest more in stocks and less in government bonds.
EZE Trucking, with the backing of Atlantic Street Capital, acquired Rig Runners. EZE Trucking together with Atlantic Street Capital, a private equity firm, announced they have acquired Rig Runners.
Jones Lang LaSalle stated it wanted to acquire Capital Realty in an effort to expand its industrial market presence in the Kansas metropolitan area.
Sources said Neiman Marcus Group had now enrolled several banks to help it in its IPO. Sources close to Neiman Marcus Group Inc. said the luxury retailer had now hired several financial institutions to help them on an initial public shares offering.
Third Point announced they want to put up around US$322.20 million in its IPO to bolster its underwriting capacity.
