Huron Rivers Ventures Partners announced its completion of its initial fund worth $11 million. Early-stage venture capital investment company Huron River Ventures Partners has reached a close on its maiden fund, Huron River Ventures I worth $11 million.
Investors
Upcoming social network Nextt raises $700k in funding
Nextt, a new social networking app, said it has raised $700,000 in funding. New social networking platform Nextt announced on Wednesday that it has raised $700,000 worth of seed funds.
Robinsons Retail Group to do largest IPO in the Philippines
Robinsons Retail Group is planning to undertake the largest IPO in the Philippines. The Robinsons Retail Group, whose interests include operations in the consumer market through supermarkets, hardware and department stores throughout the Philippines, is now planning to raise US$924 million through an initial public offer in Manila.
Sweden's Segula Advisor adds board member
Swedish private equity firm Segulah Advisor named Lars Nyberg as member of the board. Stockholm-based private equity investment company Segulah Advisor announced on Wednesday that it has chosen Lars Nyberg as its newest member of the board.
CLSA Brokerage Sale To Be Denied By Taiwanese Regulators
CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
Latest News
Antelope Oil Tool and Manufacturing Co. agreed to a buyout deal with Interval Capital. Interval Capital closed the deal to buy Texas-based Antelope Oil Tool and Manufacturing Co.
Card Scanning Solutions gains Insight Venture Partners, Red Oak Growth Partners and Egis Capital Partners as investors.
Cabot Square Capital recently finalized a deal to sell Key Retirement Solutions to Pheonix Equity Partners.
SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.
The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.
Ken Glass establishes Cold Mountain Capital, the new investment and management firm. Chairman and founder of TECT family of businesses and Stony Point Group, Ken Glass, announced recently the launch of a new investment management firm Cold Mountain Capital LLC.
A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
