Connie Loizos
The Chicago-based, middle-market lender and investor Monroe Capital has launched a new healthcare finance company to provide greater liquidity to middle-market healthcare companies. The new firm is called MC Healthcare Finance; it's being led by James Irwin, the former founder of Meridian Healthcare Finance; and it will target companies across the U.S.
The controversial Chicago-based investment firm Advanced Equities is shutting down, Jefferies Group is selling itself to Leucadia National Corp., its biggest shareholder, for $2.76 billion, the FTC appears to be on the verge of suing Google, and so much more!
Private equity deals in Israel fell dramatically in value if not in terms of pace in the third quarter, according to new data out of the IVC Research Center. Sixteen deals, valued at $272 million, were completed, according to the firm’s data. Meanwhile, in the second quarter of this year, 14 deals were sewn up at a collective value of $1.6 billion.
Mats Lönnqvist has been elected to the board of Stockholm-based Payair Technologies, a privately held mobile commerce company. Lönnqvist has previously served as the CFO and vice chairman of the SAS group, as well as in roles at Eniro, Ratos, Securum, Pharmacia and Esselte.
Maitland, a Luxembourg-based company that offers legal, tax, fiduciary, investment and fund administration services to private, corporate and institutional clients, has acquired hedge fund administrator Admiral Administration, based in the Cayman Islands. Terms of the deal were not disclosed.
Medient Studios, a Hollywood, Calif.-based film production and distribution company, has appointed Matthew Mellon and Joseph Giamichael to its board. Mellon, a descendant of the banking family, is himself an entrepreneur and investor. Giamichael is the founder and CEO of Umbrella Research and Advisory, an emerging growth research and advisory financial services boutique.
Not Your Average Joe's, a Middleborough, Mass.-based casual dining chain, has completed a growth investment led by New York-based private equity firm Bruckmann, Rosser, Sherrill & Co.
Berenson & Company, a New York-based merchant banking firm, has hired Jonathan Newcomb as a managing director. Newcomb, the current chairman of the information services company Swets, was previously chairman and CEO of Simon & Schuster, and president of the McGraw Hill Financial Information Group.
Yahoo CEO Marissa Mayer could do worse than looking to her former Google colleague Tim Armstrong for tips on how to run an ailing Internet giant.
There’s no shortage of professional networks available to those looking for salaried jobs, but job seekers in search of hourly shifts are pretty much limited to either scouring Craiglist or simply hoofing it from business to business. Chicago-based Shiftgig hopes to change that by focusing on the overlooked.