Chicago-based RCP Advisors gained US$425 million additional funding for its Secondary Opportunity Fund II.
North America
Four Seasons names new CEO after five-month search
Allen Smith was named new CEO for Four Seasons Hotels and Resorts, succeeding former CEO Kathleen Taylor.
Pritok Capital closes US$7.2 mln loan from Oxford Finance
Oxford Finance approved the US$7.2 million loan proposed by Nursing facilities investor Pritok Capital.
Interactive ad network Jebbit receives additional US$1.25 Mln funding
Promising advertisement network startup Jebbit raised US$1.25 million in funding from a round led by Data Point Capital.
Ecommerce platform Shopify acquires Jet Cooper
Ontario ecommerce company Shopify purchased Toronto's leading design firm Jet Cooper. Ontario-based Shopify reported its acquisition of leading design company Jet Cooper for an undisclosed amount on Thursday.
Latest News
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.
Cincinnati-based investment firm CincyTech gained US$10.9 million in additional capital from Ohio Third Frontier and Southwest Ohio partners.
According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.
Facebook's shares reached record highs due to mobile ad revenue. Shares of the social networking giant skyrocketed back to their pre-listing level for the first time since its initial public offering.
Samsung devices satisfy customers more than the iPhone, according to ACSI. The American Customer Satisfaction Index (ACSI) recently released the results of its smartphone customer satisfaction survey for the year.
The new Moto X from Google's Motorola posed a potential threat to the Apple-Samsung duopoly in the smartphone market.
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.
