Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.
Tags: Private Equity
Nigerian Sovereign Investment Authority studies assets for investment purposes
The Nigerian sovereign wealth fund's head was in the process of determining among eight asset classes which one should be in the fund's portfolio.
Carnival Corporation to invest USD180 million to comply with EPA air emission standards
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
PE equity funds Headway Capital, Committed Advisors support spin-off of Loudwater
Private equity firms Headway Capital Partners and Committed Advisors issued a statement that they would be backing the spin-off of Loudwater Trust's portfolio.
Boost Media raises USD8 million to speed up creative ad platform processing
Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.
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According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.
Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.
California-based Retention Science got more than USD 750,000 from Forerunner Ventures, an early-stage venture capital firm.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
Vestagen Technical Textiles was able to raise USD 8.25 million for the commercial launch of its scrub uniforms.
Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.
Private equity exits in India had doubled amid the weakened currency, unstable market capital and poor macro-economic conditions.
In a Form 4 filing done by George Lucas' wife Mellody Hobson with US Securities and Exchange Commission, GWL Living Trust purchased 141,573 shares on August 19 for USD10 million.
