Angela Sormani
Westshore Capital Partners has hired Michael J. Sullivan as vice president. Prior to joining Westshore Capital, Sullivan worked as an investment banker at Cross Keys Capital.
KKR has signed an agreement to acquire Pioneer Corporation's DJ equipment business division.
Target Partners and High-Tech Gründerfonds have backed Quobyte in a Series A financing round. Quobyte is headquartered in Boston with R&D in Berlin.
Delta Partners Capital is backing Virgin Mobile Central and Eastern Europe. IFC, the European Bank for Reconstruction and Development and CEE Mobile Capital are also participating in the funding round.
Axcient, a cloud-based Recovery-as-a-service business, has acquired the business and technology of DirectRestore, a granular recovery technology provider. Terms of the agreement are undisclosed.
WeiChaiShi, a Chinese mobile crowdtasking platform, has closed a $3.2 million round of financing. the investment was led by ClearVue Partners and joined by Nokia Growth Partners.
This Tuesday morning read all about CalPERS ditching its hedge funds, University of California setting up a VC fund for campus start-ups, Hellman & Friedman VIII's latest commitment and how Colorado PERA funds are doing.
This week there are analyst, associate, chief investment officer, partner and senior associate positions up for grabs at Bison Capital, BoldPointe Partners, OrbiMed, The Pennsylvania State Employees’ Retirement System and Susquehanna Growth Equity.
Antin Infrastructure Partners is to acquire Roadchef. Roadchef is one of three major operators of motorway service sreas in the UK with 28 sites serving 44 million visitors each year. Delek Group is selling its 100% interest in the business.
The Carlyle Group has appointed Michael Hart as managing director and president of Carlyle GMS Finance, a business development company targeting middle market investing, as well as its affiliated investment vehicle, NF Investment Corp. Hart joins Carlyle from Blackrock Solutions, where he was a managing director and co-head of the US advisory practice within the financial markets advisory group.