The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.
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UPDATE: Jeffrey Kramer to manage Ares Management's portfolio
Ares Management hired Jeffrey Kramer as new portfolio manager. (Photo : Reuters)This is the Los Angeles business district, where Ares Management is headquartered.
ConvaTec announced new acting CFO
John Cannon was declared as ConvaTec's acting CFO. (Photo : Reuters)This is the logo of Convatec. Private owned developer and new medical technologies marketing firm ConvaTec announced today that John Cannon is its new acting chief financial officer.
Tribune undermines cable firms with its US$2.7 billion broadcast deal
Chief Executive Officer Peter Liguori of Tribune Co. would undermine cable companies due to his US$2.73 billion deal to air the local broadcasts.
IPO Planned For Bitcoin Headed by Winklevoss Twins
Winklevoss Twins offer IPO for Bitcoin. (Photo : Reuters)The image is the Bitcoin logo. Winklevoss Bitcoin Trust, which was designed to operate similarly to electronic exchange trading, is set to open its doors and make an initial offering of $20 million worth of shares.
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Idera named Randy Jacops as its new chief executive officer, and Joseph Stephens as vice president. Idera, a server management solutions provider from Houston, Texas, announced today that it has hired Randy Jacops to fill the company's top exec spot.
Jonathan Harmsworth is set on acquiring the buying shareholders to get full control of Daily Mail (Photo : Reuters)DGMT Logo Viscount Rothermere Jonathan Harmsworth has made the bid to buy out the remaining voting shares for Daily Mail, a British Mid-Market Tabloid Newspaper.
UrgentRx named Michael Valentino as its new member of the board. (Photo : Reuters)This is the logo of UrgentRx. Flavored medications developer UrgentRx said on Monday that it welcomed Michael Valentino to its board of directors.
MediaBrix named Glen Sussman as its new senior executive. (Photo : Reuters)This is the logo of MediaBrix. Social application and mobile games advertising platform MediaBrix announced today that it has appointed Glen Sussman as its new chief financial officer.
Nokia CEO Stephen Elop said that the company has not considered synergies in its acquisition of the stakes in Siemens.
Baruch Global Macro Fund to shadow strategies set by Gerard Satur. (Photo : Reuters)Former UBS Trader turned to investors to set up Baruch Global Macro Fund Gerard Satur, former UBS AG (UBSN) trader raised worth AUS $10 Million from various investors to form a global macro strategy group which will commence operations within day.
Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.
Government sees positive results from negotiations. (Photo : Reuters)Greece Prime Minister talks about 8. 1 Billion Euro Bailout The Greek government led by Prime Minister Antonis Samaras was hopeful as talks commence regarding the release of funds by the IMF or the International Monetary Fund, the European Union and the European Central Bank.
Ahmed Reda Halawani resigned from Kingdom Holding Co. due to personal obligations and commitments as stated by the company in a statement on the Saudi bourse.
