William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.

The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.

The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.

Private equity firm owned Penda Corp. announced that it had acquired The Fabri-Form Co. expanding it reach in the heavy truck and material handling markets.

The joint venture between Hunt Realty Investments and Bridge Development Partners revealed that they have received US$26 million from Mesa West Capital to fund their acquisition of 26th & Western in Chicago.

Soilbuild Group Holdings Ltd announced that they are targeting to raise US$507 million from an initial public offering.

Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.

Bessemer Venture Partners released an index of top 30 cloud companies revealing their combined worth of more than US$100 billion.

According to a Boston Business Journal research, for the year 2012, North Bridge Venture Partners topped the class in terms of dollars invested.

Execution Labs revealed that it will be working with BDC Venture Capital to award successful companies convertible notes worth US$150,000.