Tags: Private Equity
NakedWines.com gets USD10 million new funding
NakedWines.com received USD10 million new funds from WIV Wein International AG, as the company had plans for expansion into the US and Australian markets.
TagMan gets USD 5 million in funds from Greycroft Partners, iNovia Capital
TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital. TagMan said it has received capital commitments worth USD 5 million from various investors.
Lloyds sells German life insurer for EUR 300 million to Cinven and Hannover RE
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
Amazon splurges USD13.9 billion for warehouses
A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.
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Warren Buffett's Berkshire Hathaway invested in performing businesses and stocks, but shied away from newspapers in its latest SEC quarter filing.
The Nigerian federal government created a committee to enhance both private equity and venture capital investments across the country.
The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.
Sources said EIV Capital Management Company had now raised US$65 million for its new energy investment fund.
Private equity firm Darwin closes its first investment for 2013 with the success of Esendex management buyout.
PricewaterhouseCoopers reported that Florida received around US$156 million across 14 venture capital deals in the second quarter.
Private equity veteran T.J. Jubeir has been named as one of the board of directors of Capital Chapter of the Entrepreneurs Organization (EO-DC).
The SEBI will work closely with the PE and venture capital industry in addressing concerns. The Securities and Exchange Board of India (SEBI) planned to work closely with the private equity and venture capital firms in addressing concerns of the industry.
KKR and Blackstone started open ended mutual funds to attract individual investors. Kohlberg Kravis Roberts had introduced to individual investors an open-end mutual fund and now, one of the United States' biggest private equity firm, Blackstone is doing it too.
Reports state that private equity investments in Israel in the first half of 2013 have dropped by as much as 50%.