Twitch's Series C investment round garnered USD20 million. The world's foremost video platform and community for online gamers, Twitch, recently announced a Series C USD20 million investment.
Sectors
Blackstone nears USD40 million exit from India
Blackstone Group LP had been in talks to sell its stake in a New Delhi based property valued USD40 million, said sources.
Ex-Morgan Stanley financial adviser pleads guilty in insider trading case
Kevin Dowd pleaded guilty against an insider trading case filed against him in a US District Court in New Jersey.
AXA Private Equity now known as Ardian
Ardian is the new entity formed when AXA Private Equity spun off from AXA Group. In an announcement, AXA Private Equity had said it completed its spin-off from the AXA Group.
Revolution Ventures fund to close USD200 million
Steve Case, Tige Savage and David Golden lead Revolution Ventures fund to the future. The Revolution Ventures fund, the first fund aimed at early stage investments, announced the expectation of closing USD200 million in commitments earlier today.
Latest News
Buyout firm Northstar Group, with its TPG backing, had opened a fund to surpass its previous high of USD820 million.
A USD15 million investment was recently announced by Clairvest to be received by Cieslok Media. The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company.
Chinese shoemaker Daphne International's sales performance lead to a sluggish stock performance on the bourse.
Mick Davis and Trevor Reid, former executives of Xstrata form X2 Partners to establish X2 Resources with the Noble Group and TPG.
HelloFresh was able to raise USD 7.5 million in Series C financing. Berlin-based ecommerce food site HelloFresh secured USD 7. 5 million for its Series C round.
Trilantic Capital Partners would be purchasing Addison Group from Lake Capital Partners. Trilantic Capital Partners would be acquiring Addison Group from Lake Capital Partners for an undisclosed amount.
CNH Industrial started trading on the New York Stock Exchange on Monday at USD12.75 per share piece, said a Reuters report.
Investment company PointB sold its shares of Loft9. Seattle-based management consulting and private equity company Point B said it had exited from Loft9.
San Miguel Corp sold its 27.1% stake in Manila Electric Company to JG Summit Holdings Inc. valued around USD2 billion.
