Newest partner in Sidley Austin introduced

S. Scott Parel was introduced as the newest member of Sidley Austin LLP and partner for global private equity and M&A.


Molecular Templates gets USD 8.5 million in Series C round

Molecular Templates scored USD 8.5 million in its Series C round led by Excel Venture Management. Biopharmaceutical company Molecular Templates Inc closed its Series C financing with USD 8.

Wings Capital Partners formalized through an announcement

Two major names, R Stephen Hannahs and Two Sigma Private Investments, announce the formation of Wings Capital Partners.

Lime Rock closes third fund with USD 750 million

Lime Rock closed its third fund with USD 750 million in capital commitments. Private equity company Lime Rock said it was able to close Lime Rock Resources III with capital commitments amounting to USD 750 million.


Latest News

Five HTC One 3 mobile phones made with 18-carat gold were commissioned by the management of Music of Black Origin (MOBO) Awards to HTC Corporation.
Canada-based High Liner Foods would be looking to acquire assets to increase its profit and be the largest frozen seafood company in North America.
Software company Fenergo raised EUR 4 million from Investec Ventures-backed Ulster Bank Diageo Venture Fund.
Pamlico Capital closed Pamlico Capital III with USD 650 million in an oversubscribed round. Pamlico Capital announced it was able to close Pamlico Capital III with USD 650 million.
Forward Investment Partners joined other private equity firms in the USD 2.8 million seed funding round for Wool and the Gang.
The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.
Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital. A funding worth USD78. 5 million senior secured credit facility was put in place by Monroe Capital to support the acquisition of Escort Inc.
Albion Ventures had decided to invest in Aridhia for its cutting edge informatics platform. One of the largest venture capitalists in the United Kingdom, Albion Ventures, had led a substantial investment in health and biomedical informatics company Aridhia Informatics Ltd.
Tweets from billionaire activist investor Carl Icahn confirmed the appointments of new directors of the board for Nuance Communications.
Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan. Power Asset Holdings Ltd had been seeking a USD 4. 8 billion or HKD 37.