Private equity company Blackstone Group has expanded its property presence in London, buying the 12-building Devonshire Square office and retail complex from rival Rockpoint and the Abu Dhabi Investment Authority (ADIA), according to a source familiar with the deal.

China eyeing lowering bar for becoming QFII -sources A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia's biggest capital markets to the $2 trillion industry.

Japanese private equity firm Unison Capital on Wednesday agreed to buy a Japanese drugmaker Showa Yakuhin Kako from a domestic rival Tokio Marine Capital, its third buyout in six months.

Company to Advance its lead Drug Candidate, EBI-005, into Clinic Development for Dry Eye Disease. Eleven Biotherapeutics, Inc. , a biopharmaceutical company designing and engineering novel and differentiated protein-based biotherapeutics, announced today that it has secured $20 million dollars in Series A equity financing, expanding the total Series A investment to $45M.

Conference program features panels and a fireside chat with top-name executives. The international biotech and pharma community will converge upon the city of Suzhou, China, a rapidly growing base for life science industries, at ChinaBio® Partnering Forum 2012 at the Kempinski Hotel Suzhou, May 23–24.

Citrix Startup Accelerator has named the five finalists of its Startup.Synergy Challenge. Citrix Startup Accelerator, the company’s corporate incubator focused on providing seed investments to start-ups from around the world, has named the five finalists of its Startup.

Company Will Accelerate Market Share Gains and Product Development in IP Video Delivery. Elemental Technologies, the leading supplier of video solutions for multiscreen content delivery, today announced that it raised $13 million in Series C financing led by Norwest Venture Partners (NVP).

Expands to New York and Boston; Adds Jeff Jordan to Board of Directors Belly, a rapidly-growing start-up that is effectively redefining customer loyalty for small businesses, announced today that it has received a $10 million Series B round of venture capital financing from Andreessen Horowitz.

Czech private equity group Penta Investments and investment fund Eastbridge raised their joint bid for Polish retailer Empik Media & Fashion (EM&F) to 10.45 zlotys per share.

China yuan funds of overseas PE firms to be treated as foreign. China plans to treat local money raised and managed by global private equity firms as foreign funds, industry sources said on Tuesday, restricting their access to sectors such as media and mining in the world's second-biggest economy.

Alp Ercil, the former Asia head of Perry Capital, has raised $440 million for a private-equity style hedge fund that will focus on distressed investment opportunities in credit and equities in the Asia-Pacific.

Singapore state investor Temasek Holdings and Asia-based private equity firm RRJ Capital have agreed to invest $468 million in Cheniere Energy.

Credit Suisse Group AG intends to increase capital at its Chinese joint venture and apply for a stock trading permit in the country.

Abu Dhabi Investment Authority (ADIA) has hired Christophe Florin to head its emerging markets private equity team, it said in a statement on Tuesday.

Singapore Telecommunications Ltd is close to acquiring a Silicon Valley-based mobile advertising startup.

Total capital proceeds of recent investment round increased to $53 million. Celladon Corp. , a biopharmaceutical company focused on the discovery and development of innovative treatments for cardiovascular diseases, announced the receipt of additional capital proceeds from a second close of its recent venture financing to advance the Company's lead investigational product candidate MYDICAR® for the treatment of advanced heart failure.

Bregal Private Equity Partners has announced today that Giselle Bright andSarah Claypool have joined the firm with a focus on private equity funds and co-investments.

The Intelligent Language Learning Company Also Appoints New Board Members and Readies for Rapid Growth in 2012.

The Paliwoda Group Announces its Health Tech Fund to Provide Seed-Stage Investments in Innovations That Lower Healthcare Costs.

Women Have Made Huge Strides in Executive Ranks, but IPOs Still Appear to be a Man’s Game When it comes to a company’s critical stock market debut, investors are less likely to trust their money to an enterprise led by a female CEO, a University of Utah researcher says.

Revenues for the worldwide Hadoop-MapReduce ecosystem software market are considered to be $77 million in 2011 and are expected to grow to $812.8 million in 2016 for a compound annual growth rate (CAGR) of 60.2%.

The AES Corporation (NYSE: AES) has signed two agreements to sell a substantial majority of its businesses in China for $134 million in total aggregate proceeds.

NXT Energy Solutions Inc. today announced the closing of a non-brokered private placement financing (the “Financing”) of 1,303,333 units (the “Units”) for proceeds of US $977,500.

Funding Directed to Expand Development of New Technology Platforms Throughout North America. Monteris Medical Inc. , a privately held medical device company dedicated to the development of innovative MRI guided, laser-based cancer treatments has secured $9 million in financing to support the continued commercialization of the company's NeuroBlate™ System (formerly AutoLITT®) within the North American neurosurgery market.

Financing Led by Braemar Energy Ventures and Kleiner Perkins Caufield & Byers. Joined by Toyota Tsusho Corporation and Rho Ventures.

TerraLUX, Inc. has closed a series B venture capital financing round of USD 18.3 million. TerraLUX, Inc. , a Colorado-based Solid State Lighting company specializing in integrated LED solutions for OEM and Retrofit applications has closed a series B venture capital financing round of USD 18.

Investment will support rapid customer base expansion of the biopharma industry’s only collaborative cloud-based investigator site payment ecommerce platform.

Community Choice Financial Inc lowered the expected price range of its planned initial public offering of 10.7 million shares to $10 to $12 per share.

Micron Technology won the right to negotiate exclusively to buy Elpida Memory Inc after offering more than 200 billion yen ($2.5 billion) for the failed Japanese chipmaker.

Dutch foods ingredients group CSM has put its main bakery supplies business up for sale. Dutch foods ingredients group CSM has put its main bakery supplies business up for sale, blaming weak consumer spending and high raw material prices, and said it would focus in future on more profitable natural products.