Angela Sormani
Standard Chartered Private Equity has led a $48 million joint investment in Mad for Garlic. The business is an Italian-style wine bistro of Korean origin.
Traxpay, a B2B payment business, has closed $15 Million in series B funding. The oversubscribed round was led by the corporate incubator of Commerzbank and Software AG with existing investors Earlybird Venture Capital and former senior Apax partner, Michael Phillips of Castik Capital Partners, also participating in the round.
Mercia Fund Management has backed Soccer Manager. The business is a UK-based independent studio behind the online multiplayer football management game, SoccerManager.com, which was released in 2006.
This Tuesday morning read all about Credit Suisse having its wrists slapped for risky lending, when the best time to court a VC founder is and whether CalPERS withdrawing from hedge funds is the start of an institutional trend freeing up more funds for private equity.
This week there are business development and financial analyst, venture capital and incubator specialist and senior associate positions at Belhealth Investment Partners, The Blackstone Group, Boathouse Capital, Google and TZPG Growth Partners.
Flybridge Capital Partners has appointed Victoria Song to the firm as a principal. Song was an associate with the firm from 2010 to 2012 and recently completed her MBA at Harvard Business School.
GEMCORP, a financial firm focused on investments in emerging markets, has official launched. The firm has so far raised $500 million from European institutional investors.
Global Environment Fund has appointed Anibal Wadih as a managing director based in São Paulo, Brazil as a member of the Latin America investment team. He joins GEF from Canepa Management where he was a partner responsible for direct investments and business development throughout Latin America.
California State Teachers’ Retirement System (CalSTRS) has announced plans to increase current clean energy and technology investments from $1.4 billion to $3.7 billion over the next five years in an effort to increase low-carbon investments.
Midwest Mezzanine Funds has reached a final close of its fifth lower middle-market focused mezzanine investment fund Midwest Mezzanine Fund V and also Midwest Mezzanine Fund V SBIC on a combined $270 million.