Angela Sormani
Chinese early growth and expansion stage venture capital firm WI Harper Group and Matrix Partners have co-led a USD $4 million investment into SNS Plus (“SNS+”), an international publisher and distributor of worldwide games with a focus on the Asian market. As of June 2011, SNS+ has published more than 60 games on Facebook, and […]
Sapiens Steering Brain Stimulation has secured a total of €10 million additional funding from the Wellcome Trust (UK), The Michael J. Fox Foundation (USA), and Agentschap NL (NL), to develop its Steering Brain Stimulation proposition to treat Parkinson’s disease and other brain disorders. These additional funds supplement an initial €13 million Series A funding round […]
New China Life Insurance Co Ltd has received commitments from four cornerstone investors for $780 million worth of shares in the Hong Kong tranche of its initial public offering, IFR reported on Monday, citing two sources with direct knowledge of the deal, Reuters reports. Among the investors is South Korean private equity firm MBK Partners […]
European private equity firm Doughty Hanson & Co has acquired ASCO Group, a global provider of outsourced logistics services and solutions to the oil and gas industry, from Phoenix Equity Partners. Financial details of the transaction were undisclosed. PRESS RELEASE Doughty Hanson & Co, one of the largest independent private equity firms in Europe, today […]
French producer of electricity from renewable energy Akuo Energy has acquired Broussan and Château, two solar farms in the Gard region of France. These two acquisitions, with a total installed capacity of 5.89 MW, take Akuo Group‘s investment in renewable energy infrastructure to the one billion dollar mark. PRESS RELEASE Akuo Group buys two solar […]
Coal-based urea producer China XLX Fertiliser Ltd has announced that Primavera Capital Group has agreed to subscribe its convertible bonds worth approximately US$51 million through a wholly owned subsidiary. The private equity fund will indirectly hold 14.97% of the company’s enlarged capital and become its third largest shareholder and largest institutional investor upon full conversion […]
Global private equity fund investor Pantheon has appointed Heiko Schupp as principal and head of European infrastructure investments. Schupp will be based in London and joins from Eiser Infrastructure Limited (formerly ABN AMRO Infrastructure Capital) where he was investment director responsible for acquiring and managing infrastructure assets across Northern Europe. PRESS RELEASE Pantheon, a leading […]
Fulcrum Capital Partners has completed the management buyout of the mid market mezzanine lending and private equity investment operations of HSBC Capital (Canada). Fulcrum, led by Dave Mullen, Neil Johansen and John Philp, with an investment management team of 13, will manage over C$750 million in capital with a focus on providing flexible private equity, […]
The Ontario Teachers’ Pension Plan has cancelled plans to sell its 80 percent stake in Maple Leaf Sports and Entertainment Ltd, owner of Toronto’s big-league hockey and basketball teams, writes Reuters. Teachers suggested a possible sale of the stake in March, after several unsolicited expressions of interest, writes Reuters. (Reuters) – The Ontario Teachers’ Pension […]
French lender BNP Paribas is considering selling a private-equity portfolio worth more than $700 million, the Financial Times reported on Monday, wrote Reuters. The bank is mulling whether to dispose of more than 50 private-equity fund interests. (Reuters) – France’s No. 1 bank BNP Paribas is considering selling a private-equity portfolio worth more than $700 […]