KKR and Blackstone started open ended mutual funds to attract individual investors. Kohlberg Kravis Roberts had introduced to individual investors an open-end mutual fund and now, one of the United States' biggest private equity firm, Blackstone is doing it too.
Investors
Sauce Labs announces successful US$5 million funding and product enhancements
Sauce Labs reported that it had successfully raise US$5 million in funding and has started product enhancements.
Arthur Ventures closes US$45 million venture fund
Arthur Ventures announced the closure of their new US$45 million venture fund. Arthur Ventures reported the completion of Arthur Ventures Growth Fund II, L.
Agios says it wants to raise capital through an IPO
Agios Pharmaceuticals Inc. revealed details for its market debut. Agios Pharmaceuticals Inc. revealed its projected terms of the company's initial public offering to enhance its capital.
Snail Game plans to list in Hong Kong
Suzhou Snail Digital Technology Co. stated that it is opting for an IPO in Hong Kong. Suzhou Snail Digital Technology Co. , also known as Snail Game, revealed that it is considering a market debut in Hong Kong, two sources with knowledge of the deal said.
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Ping Identity Corp stated that it raised around US$44 million from private equity and venture capital investors.
FishHawk Partners raised US$30 million and is to be invested heavily in manufacturing sector. FishHawk Partners LP, a new Houston-based private equity company, had accumulated up to US$30 million from investors.
Chevron announced the signing of an investment agreement with Argentina's YPF. Chevron announced that they have signed an agreement with Argentina's YPF (Yacimientos Petrolíferos Fiscales).
The Stephens Group revealed that it has acquired Silicon Valley's Bay Area Internet Services. The Stephens Group, a private equity firm, acquired Bay Area Internet Services.
Canada's Brookfield Asset Management has placed a price tag for its Parramatta property in Sydney.
CBS Corp. entered into discussions with a private equity firm hoping to sell its outdoor business for around US$225 million.
Water Street Healthcare Partners announced that they have invested US$50 million in RTI Biologics to help it acquire Pioneer Surgical Technology.
Ultimately, the determinant as to the increase or decrease of the value of an asset is the foreign currency exchange.
The acquisition of Alexion Pharmaceuticals Inc. could possibly break records as the most expensive purchase in biotechnology.
