Amspec purchaes Incline Equity Partners. Incline Equity Partners announced today that it acquired AmSpec. Incline is a small and medium business focused equity firm with headquarters in Pittsburgh.
Investors
Fang Fenglei Launches New Fund
Former Goldman Sachs banker Fang Fenglei opens new fund named Hopu Master Fund II. Former Goldman Sachs banker, Fang Fenglei, is now undertaking a mission to raise US$2 billion in a new fund, according to anonymous sources familiar with the transaction.
Truells Invest to Become Majority in Imagine Publishing
The Truell brothers invest major capital funds to become majority shareholders of Imagine Publishing.
Giant Receives Funding from Shamrock Capital
Giant receives investment funding from Shamrock Capital. Giant Creative/Strategy LLC, the leading healthcare communications agency, announced it had received funding from Shamrock Capital Advisors, the private equity firm based out of Los Angeles, CA.
Nexus Group Raises US$600 Million
Nexus Group, the Peruvian private equity firm, raises US$600 million in funds. Pioneer Peruvian private equity firm Nexus Group has announced that it has closed its institutional fundraising activities for NG Capital Partners II.
Latest News
The Carlyle Group forms its London based energy investment team. A six person energy investment team was hired by the Carlyle Group to take advantage of the forecasted increase in demand for energy and equivalents in the next few years.
Sinopec Kantons, a division of state owned Sinopec, is planning an IPO. The logistics and trading unit of Sinopec, Sinopec Kantons Holdings, is planning to raise US$353 million through a stock offer.
BlackRock, the top money manager of the world, to hire 300 lawyers to monitor financial regulation all over the world.
Centaurus Capital goes private as it returns investor funds. Centaurus Capital, the hedge fund firm, is returning money to all its external investors after previous clashes on best revenue generating opportunities left them at odds.
UBS is facing calls from shareholders seeking to split the banking operations from wealth management operations.
Smith & Nephew to conduct share buyback programme for its shareholders. Smith & Nephew, the medical devices manufacturer, is now conducting a cash return program to its shareholders through a US$300 million repurchase program.
APTT seeking to raise funds to repurchase shares and pay off debts. Asian Pay Television Trust is planning to raise at least US$1. 1 billion in high yield securities to fund the purchase of the third largest cable television operator in Taiwan.
Berkshire Hathaway sells off around 1.75 million Moody's shares. Berkshire Hathaway Inc announced that it had sold off 6. 1% of its stake in Moody's Corp.
Cerberus Capital completes CIP V in the amount of US$2.61 billion. Cerberus Capital Management LP completed its fundraising activities for its latest private equity fund.
