Ernst and Young publishes its annual report on the real estate private equity sector. According to the publication Global Market Outlook: Trends in Real Estate Private Equity, the emergence from recession and its consequent effects signals the real estate private equity sector position for growth in 2014.
United States
TPG welcomes new investor relations executive
TPG will be the new home of funds commitment professional Jennifer Morais. TPG would be joined by Jennifer Morais, a funds commitment professional. Prior to her employment at TPG, she worked at the Canada Pension and Investment Board.
Channel IQ raises funds from Drive Capital
A USD12 million fund infusion was received by Channel 1Q for it use to accelerate its development. The central marketplace for retailers and manufacturers, Channel IQ announced the raising of USD12 milion from Drive Capital.
Aerpio Therapeutics closes Series A funding round
Biopharmaceutical firm Aerpio Therapeutics Inc closes Series A funding round extension worth USD9 million.
Surefire Medical closes Series B funding round
After raising USD 18.2 million, Surefire Medical announced the completion of its Series B funding. Commercial stage medical device company, Surefire Medical Inc, develops innovative infusion systems for procedures determined as minimally invasive and direct to target intervention.
Latest News
USD9 million was raised in Series A funding round for ImmunGene Inc. Biotechnology company ImmunGene Inc. is focused on the development of anti-body cytokine fusion technology therapy for oncological applications.
Austin-based venture capital firm Silverton Partners would be using the USD75 million it raised for Fund IV to support the local startup scene in Texas.
Should Apple Inc's patent technology for its potential iWatch be successful, RBC capital markets analyst Amit Daryanani said revenue coming from the iWatch could add another USD9 billion to the tech giant's revenues.
Former Netflix executive Ariel Tseitlin joins Scale Venture Partners as its newest venture partner. Former Netflix Director of Cloud Solutions Ariel Tseitlin would become one of the newest partners at Scale Venture Partners.
Renowned names in the wine industry join forces to create sales and marketing firm BCM Wineworks for the known brands of Bacchus Capital.
In a bid to trim its portfolio, Nestle had sold to North Castle Partners its interest in weight loss brand Jenny Craig.
Zendesk and Tokyo-based Cybozu's new partnership agreement would have both firms embarking on a joint product integration and marketing efforts to boost each other's product in Japan and the US.
Imaging startup Phi Optics Inc secured USD250,000 in seed funding from venture capital funds. Imaging solutions developer Phi Optics Inc raised USD250,000 in seed funding through a funding round led by Champaign's Serra Ventures.
Sprig recently closed its USD1.2 million seed funding round for the launching of its unique food delivery business.
