Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.
Tags: Fund
M.D. Sass launches new fund
M.D. Sass, led by Martin Sass, opened its new equity income fund. Leading investment management firm in Sacramento M. D. Sass announced today that it began its M.
US retailers create US$40 million Bangladesh Fund, criticized
US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.
Morgan Stanley Raises US$770 Million Fund
Morgan Stanley had raised US$770 million fund to participate in the secondary market investments. (Photo : REUTERS)Morgan Stanley will shift the way advisers in its wealth management business are paid next year, cutting bonuses tied to the amount of revenue they bring in and rewarding them instead for growing assets and loans.
CVC Reaches Hard Cap for Fund
CVC Capital Partners reaches hard cap on new investment fund. (Photo : Reuters)The image is a counter of Euro Bills in a stack. CVC Capital Partners Ltd had reported that it had raised more than Eur10.
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Europeean private equity company Cinven posted its close for its Fifth European Buyout Fund amounting to 5.3 billion euros.
Hyde Park Venture Partners closed its inaugural fund with expected $25 million in investments. (Photo : Reuters)The image are fund managers walking towards the sunset.
Bloomberg LP unveils Bloomberg Beta, a fund focusing on technology start up firms. (Photo : Reuters)The image is the corporate logo of Bloomberg News. In an announcement, Bloomberg LP unveiled Bloomberg Beta, the US$75 million venture fund that would focus on providing financial investments in early stage technology firms and start up ventures.
Vikram Pandit, the former CEO of Citigroup would be part of the JM Financial management team to grow the business.
Five Arrows Credit Solutions of Rothschild has concluded its first closure. In an announcement, Rothschild disclosed that its merchant banking arm, Five Arrows Credit Solutions, has concluded its primary closing with the estimated commitment of EUR235 million or US$302.
Scale Venture Partners raise US$300 million. Scale Venture Partners announced today that it was able to secure US$300 million in pledges at the conclusion of ScaleVP IV LP, going beyond the actual amount it was aiming to raise.
Nexus Group, the Peruvian private equity firm, raises US$600 million in funds. Pioneer Peruvian private equity firm Nexus Group has announced that it has closed its institutional fundraising activities for NG Capital Partners II.
Cerberus Capital completes CIP V in the amount of US$2.61 billion. Cerberus Capital Management LP completed its fundraising activities for its latest private equity fund.
With interests in Volvo and other corporations, the sovereign wealth fund of Norway seeks to be more active in its deals and management.
