Adler gets CEO promotion in Prudential Financial Inc.

Eric Adler was promoted CEO of Prudential Financial Inc, the second largest life insurer in the United States, replacing former CEO Allen Smith.


RCP Advisors closes US$425 mln for Secondary Fund

Chicago-based RCP Advisors gained US$425 million additional funding for its Secondary Opportunity Fund II.

KKR launches first listed closed-end fund

Today, KKR & Co LP announced raising USD305 million excluding underwriters' option, from its first listed closed-end fund, KKR Income Opportunities listed on the New York Stock Exchange.

CincyTech raises US10.9 mln for third fund

Cincinnati-based investment firm CincyTech gained US$10.9 million in additional capital from Ohio Third Frontier and Southwest Ohio partners.


Latest News

The new Moto X from Google's Motorola posed a potential threat to the Apple-Samsung duopoly in the smartphone market.
Spain-based airport operator Aena group agreed with AXA Private Equity to buy London Luton Airport from TBI Limited for USD 599 million.
Accenture Credit announced it has finalized the acquisition of Mortgage Cadence but financial details were not disclosed.
Verizon's HTC One launch was moved to August 15 from August 1. The launch of HTC One was pushed back to August 15, according to Droid-Life. The site published what it claimed to be an internal document.
Today, SolomonEdwards Group LLC announced completing its acquisition of San Francisco-based M Squared Consulting, which is a unit of Kelly Group Limited.
Online marketing company Blucora agreed to purchase Monoprice for US$180 million in cash. Blucora Inc. announced earlier today that it has signed the deal to acquire California-based Monoprice, a successful online-based electronics and accessories provider.
H.I.G. Capital announced the investment of its Brazilian affiliate in LG Sistemas. Private equity investment firm H. I. G. Capital announced the strategic investment of its affiliate in Brazil of LG Sistemas.
Britain's largest defence contractor said its annual earnings for 2013 will rise by 10% once it clinches the multi-billion jet fighter deal with Saudi Arabia.
Google replaced AT&T and is now the new Wi-Fi provider for Starbucks. Google announced Wednesday that Starbucks will be their newest business partner. Over the coming 18 months, Google will be busy replacing AT&T's Wi-Fi offerings in all of Starbucks stores.
SanDisk invests in Israel-based Pebbles Interfaces as part of its bid to provide assistance to startup companies.
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