The fund, projected to be between USD500 million and USD750 million, was closed by the firm at USD812 million worth of capital commitments.
Sectors
Time Warner Cable purchases DukeNet to expand into Southeastern US
DukeNet serves as the gateway to the Southeast United States, thus an acquisition of this magnitude was an easy choice to make.
US Supreme Court dismisses petition from electric firms on fee charges on infrastructure use
The dismissal, which is a win for telephone companies, upheld the FCC mandated rules on fees charging and infrastructure use.
Riveron hires Tony Martorano
Riveron Consulting has hired business development and leadership expert Tony Martorano. Tony Martorano, the business development and leadereship veteran, was recently engaged by Riveron Consulting's Chicago as its new director of business development.
LG announces launch of its flexible smartphone display
LG Display said on Monday it would be launching a flexible display for smartphones. On Monday, LG Display chief technology officer Sang Deog Yeo confirmed in a statement that it would be presenting its first curved screen for smartphones.
Latest News
Oil and gas energy company First Titan Corp was reportedly at the end of closing its acquisition deal of a potentially profitable oil zone based in Hardin County, Texas.
Jack Priestman was appointed as Analyst into Silverfleet Capital. European private equity firm Silverfleet Capital had announced the appointment of Jack Priestman as an Analyst in its London office.
Ingo Money received growth equity funding of an undisclosed amount from Camden Partners. Ingo Money announced the growth equity investment it had received from private equity firm Camden Partners.
A spokesman for Yury Kovalchuk said the billionaire was thinking of buying a stake in Tele2 Russia and putting some of his shares in Sobinbank for sale.
Sonatrach's purchase of Petroceltic International's Algerian assets increased the value of the latter's stock.
The Coors family had opened up its growth plans for Outlast Technologies' temperature-controlling technology.
Private equity firm Inflexion bought On The Beach for GBP 73 million from Isis Equity Partners. UK-based private equity firm Inflexion purchased online travel agent On The Beach for GBP 73 million or USD 11.
The Abraaj Group made its first investment in Cote d'Ivoire to back African Industrial Services Group.
Moody's Investors Services advised IOI Corp Bhd about the financial implications of its planned acquisition of a 39.55% stake in Unico-Desa Plantation Bhd.
