California-based venture capital firm Benchmark has closed its eighth fund with a total of USD425 million, according to a US Securities and Exchange Commission (SEC) filing.
Sectors
US Fed policy only enriches private equity and not companies, American people - report
A report cited an example on how private equity had benefited greatly from US Federal Reserve's quantitative easing policy instead of the monetary policy's true beneficiaries - US companies and the American people.
US REIT BRE latest acquisition target by property landlords - sources
California real estate investment trust BRE Properties Inc was projected to be the latest acquisition target of companies in a USD22 billion spending spree in apartment REITS, said Bloomberg in its report.
South Africa's Oasis sells off 2.2% stake in Adcock -spokesman
South Africa-based asset manager Oasis Group Holdings has sold off its 2.2% stake in pharmaceutical firm Adcock Ingram to an undisclosed buyer, according to a spokesman.
China Southern supports plan to back Qantas stake - report
State-owned China Southern airline has held detailed discussions last year with a consortium of wealthy investors to provide financial backing for the syndicate's stake in Qantas.
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Critics of the new rules requiring short-sellers to report their positions said the European Union's requirements had not made the hedge fund industry more competitive.
Livingstone has sold Illinois-based shopping center security solutions provider IPC International Corp to Universal Protection Service LLC for USD24 million in cash following a bankruptcy auction.
A column written by money manager and former professional market strategist Barry Ritholtz challenges the definition of bubble and the misconceptions of its use in specific stocks that had experienced sharp surges in the financial markets.
Frances's 3D model sharing service Sketchfab raised USD2 million in funding from Partech, Balderton, and angel investor David Cohen to develop its 3D object browser.
A December 4 interview conducted by Bloomberg with Industry Ministry Monica Maeland revealed Norway's plans to divest some of its holdings in several companies including Statoil ASA.
The rally of Corpbanca's high-grade bonds in the merging markets indicated investors' demand for the Chilean bank to find a buyer soon. Corpbanca is run by Chilean billionaire Alvaro Saieh.
The GBP875,000 loan extended by property and technology entrepreneur Andrew Ruhan to his brother Gabriel, who runs Strategic Natural Resources, was intended to pay off creditors.
Recent data revealed that performance of hedge funds in the US this year was poor in comparison to the US stocks index despite massive fees demanded by money managers from its clients.
The respect for the late politician and ex-president of South Africa Nelson Mandela was evident in the business sector, as trading and banks postponed their businesses to acknowledge Mandela's passing.
