BNP Paribas adds six new members to Tokyo Equity desk

French bank BNP Paribas SA said through Japan head of global equities and commodity derivatives Kyoya Okazawa that it had completed its hiring plan to strengthen its equity desk two years ahead of its schedule.


Economic turmoil is bad for private equity firms - report

A Bloomberg report said that private equity firms should be wary about purchasing assets during an economic downturn.

Mobility gets creditor protection as it prepares for buyout

Canadian wireless telecom company Mobilicity said on Monday that it had obtained approval of a CAD30 million or USD29.2 million debtor-in-possession financing in preparation of its buyout by an anonymous buyer.

Adveq closes Secondaries II fund with USD 175 million

Adveq closed its Adveq Secondaries II fund at its hard cap of USD 175 million. Adveq announced the close of its Adveq Secondaries II fund with USD 175 million.


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CA Immobilien Anlagen announced it would sell two-thirds of Tower 185 in Frankfurt to two German pension funds.
An estimated USD50.9 billion in investments by private and community foundations was made, according to a Foundation Center report on 2011 financial data.
NBA 2K14, the latest update of the popular video basketball game, would be launched on October 1. The new version of the video game NBA 2K14 would be launched on October 1, according to CBSSports.
Grand Theft Auto Online would be launching on October 1, Rockstar confirmed. Rockstar Games has confirmed to video and entertainment site IGN. com that Grand Theft Auto Online would go live on October 1 at 4am PacificStandard Time.
On Tuesday, Power group EDF confirmed an early press report that it has started talking to Dalkia France to acquire public lighting and urban electrical equipment company Citelum.
Rockstar North warned enthusiasts of possible problems with the online version of GTA 5 set to go live today.
Telecoms group SoftBank Corp founder Masayoshi Son was said to have purchased Tiffany Building for USD326 million, according to people who were familiar with the transaction.
Cooper Tire & Rubber Co shareholders voted in favor of the proposed merger with Apollo Tyres Ltd yesterday, according to a Bloomberg report.
Morgan Stanley and the Royal Bank of Canada were appointed to help SNC-Lavalin Group Inc. sell an equity stake in AltaLink, according to a Bloomberg report.
Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.