A Financial Times report said private equity firm Motion Equity Partners was talking with Boston-based investment firm HarbourVest Partners to get new capital and end its status as a "zombie" buyout firm.

Formation 8 led the Series B round for preschool-focused digital learning company Kidaptive which raised USD 10.1 million to further develop its first product, Leo's Pad: Preschool Kids Learning Series for iPad.

Cornerstone OnDemand announced the launch of the Cornerstone Innovation Fund that will invest in cloud startups to develop innovative solutions for organizations seeking to enhance their talent management strategies.

A Reuters report said Huishang Bank Corp made a dull debut in Hong Kong which revealed lackluster investor appetite for China's banking sector even as more IPOs were planned by Chinese lenders.

Sources told Bloomberg that early talks were on-going between Liberty Global and Intel Corp for a possible purchase of the chip maker's online pay-TV service.

Neuberger Berman was able to surpass its original target of USD 1.6 billion for its third private equity secondary fund when it raised USD 2 billion.

JZ Capital Partners and Avenue Capital Group joined hands to form Toro Finance, a new investment vehicle that would focus on financing small and medium-sized companies based in Spain.

AssuredPartners, a portfolio firm of private equity firm GTCR, bought insurance firm Lee F. Murphy Inc. The deal was made through AssuredPartners of Minnesota but no financial terms were disclosed.

Backdoor, the anonymous messaging app, founded by technology prodigy Daniel Singer, was able to gather USD 200,000 in seed funding from Brazil-based investment company Arpex Capital.

Emulex Corp announced that it would be holding a share buyback as activist shareholders called for reforms. Emulex Executive Chairman James McCluney will also step down from the company's board.

Legg Mason Opportunity Trust Manager Bill Miller said he bought JC Penney debt for a new fund. Miller holds the record of beating the US benchmark for 15 years.

According to sources interviewed by Bloomberg, New York-based private equity firm Forstmann Little & Co had shortened its list of potential bidders for IMG Worldwide Inc, its talent agency, to five.

Atomico Ventures was able to raise USD 476.6 million for its third fund, based on an filing submitted to the US Securities and Exchange Commission on October 25.

Czech startup Futurelytics Inc closed its seed financing with USD 800,000 in a round led by Index Ventures and Credo Ventures. Futurelytics was the first Czech company to win initial funding from Seedcamp.

Accredited investors from The Williams Financial Group participated in the Series C round for Dallas-based Cleantech IT innovations firm Servergy Inc which closed with USD 20 million.

Limitations on funding had prevented technology startups in Africa to grow, according to a Reuters report.

A 68-megawatt portfolio of biomass power plants located in New South Wales, Australia was acquired by Asset manager, Capital Dynamics.

Octopus Investments led the seed round, which raised more than GBP 700,000 for Uniplaces. Student accommodation website Uniplaces was able to raise more than GBP 700,000 in seed funds.

Wood Group said it would be buying Elkhorn Holdings Inc for an undisclosed amount. International energy services company Wood Group said it would be purchasing Wyoming-based Elkhorn Holdings Inc.

The Indian government planned to gather USD 2.3 billion through a share sale of its two state-owned firms to boost public coffers, according to sources interviewed by Reuters.

Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.

Seplat Petroleum Development Co said it planned a dual stock listing for the Nigerian oil firm. Nigeria-based oil firm Seplat Petroleum Development Co said it was thinking of listing its shares on two bourses.

Panasonic Corp said it could now afford deals worth JPY 100 billion as the company moves towards profits.

Nigeria-based Henshaw Capital Partners Founder and Chief Executive Officer Barbara James said Nigeria could build a USD 20 billion private equity industry by 2020.

A source told Bloomberg that Carlsberg was looking to buy the Tsingtao Brewery Co and Beijing Yanjing Brewery Co.

A Wall Street Journal report said big banks were thinking of blocking traders from chat rooms as regulators intensify probes on market manipulation and collusion

The Czech regulator intended to open the bidding of a frequency tender starting today. The Czech Telecommunications Office planned to conduct the bidding of a mobile spectrum tender today.

Private equity-owned Numericable and Merlin Entertainments held successful initial public offerings despite holding higher debts.

Monier Group Services was able to get an extension for its debt even without the backing of all its creditors after London's High Court decided on the matter.

Ayala Land Inc has pursued its plan to acquire a portion of IRC Properties Inc's lot in Binangonan, Rizal in the Philippines.