Angela Sormani
Hit the Shops! Stores planning to open early on Black Friday Divine Intervention: Pipeline Fellowship adds three angels to its program Power Play: Pension funds take control Back to the Future: Singapore-based Time Voyager travels through time and attracts Chinese VC funding Tokyo is Hot: City of the rising sun is a top target for private equity It's all Happening Down Under: 2011 on track to be the biggest year since the 2006 peak for Australian private equity Looking Good: Kayak revenues and profits increasing; now it just needs markets to improve for an IPO Feel the Pain: Asian businesses brace themselves for shrinking of the funding markets Admin Sorted: It's SunGard's Investran for Ogier Fund Services Boost for Women's Health: Osteoporosis and women’s health biotech company Radius Health closes second tranche of funding
Private equity benchmarking is a subject of debate for fund managers not only in terms of benchmarking the investments they make, but also in terms of benchmarking themselves in the industry so that they can prove themselves and their track record to their investors. I moderated a panel at the Superinvestor conference held in Paris on Nov. 15 […]
European mid-market private equity fund Oakley Capital Private Equity‘s listed vehicle Oakley Capital Investments Limited is to acquire a 51% stake in intergenia AG, a German-based web hosting company providing managed, dedicated and cloud hosting. As part of the transaction the company will be providing 10 million euros ($13.38 million) of senior financing and the […]
Nomura has started talks to sell domestic businesses including its real estate arm, the Financial Times reported, writes Reuters. Nomura is considering the sale of Nomura Real Estate Holdings and its consulting arm, Nomura Research Institute, the newspaper said on Tuesday, and is in preliminary talks with private equity buyers, writes Reuters. (Reuters) – Nomura […]
Dreamworks Animation, producer the movie “Kung Fu Panda”, is in talks to set up a joint venture studio in Shanghai, Caijing Magazine reported, quoting government sources, writes Reuters. The joint venture, to be established in the first quarter of next year, would be formed by Dreamworks Animation and a consortium of Chinese companies that may […]
Investments into India’s power sector are slowing despite a chronic electricity shortage that threatens GDP growth, executives told the Reuters India Investment Summit. Asia’s third-largest economy needs to add over 75,000 megawatts in the five years to March 2017 to support its target of 9 percent GDP growth, according to a government report, writes Reuters. […]
Latin American IGNIA Fund has appointed Leon Kraig as general partner and managing director. Kraig was formerly at Mars for 25 years, a US$30 billion private company, where he started as R&D manager and latterly became regional president for petcare for Latin America. PRESS RELEASE IGNIA Fund I, LP, the first and largest impact investing […]
Billionaire investor Nicolas Berggruen has teamed up with buyout firm Blackstone in his bid for Kaufhof, the department store chain being sold by Metro, Reuters reports. Sources close to Metro said the group was examining the offer from Berggruen, who owns rival German department store group Karstadt, and Blackstone and was in talks with all […]
Activist investor Carl Icahn reported in a regulatory filing that he sold 2.9 million shares of Motorola Mobility Holdings for $114 million, writes Reuters. The 2.9 million shares were sold at a slightly lower price than Google’s offer of $40 a share for Motorola Mobility, according to Reuters. (Reuters) – Activist investor Carl Icahn reported […]
Portola Pharmaceuticals has raised $89 million in a preferred stock financing. The financing round included existing investors who were joined by Temasek, an Asia investment company, and Eastern Capital Limited. Portola Pharmaceuticals develops therapeutics based on targets with established proof of concept that are designed to provide significant advances over current treatments for cardiovascular and […]