Iris Dorbian

Twitter-like messaging service Weibo Corp filed on Friday to raise $500 million via a U.S. initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations.

Netchemia, which is backed by Mainsail Partners, has closed its buy of SchoolSpring. No financial terms were disclosed. Based in Burlington, VT, SchoolSpring is a provider of online recruiting and application management solutions.

Active Day/Senior Care, a portfolio company of Clearview Capital, has closed its buy of Young at Heart. No financial terms were disclosed for the the transaction, which was completed on March 3, 2014. Based in Brick Township, NJ, Young at Heart is a provider of adult day health services.

Richmond, Virginia-based alternative investment firm Private Advisors has raised $120 million for its third co-investment fund. The target was $100 million.

DBi Services has closed $35 million in funding. The investor was BNY Mellon-Alcentra Mezzanine Partners. Based in Hazelton, Penn., DBi Services is a provider of infrastructure maintenance, operations and management solutions.

PineBridge's Mexico-focused CKD I fund has invested approximately $104.5 million in five Mexican private market managers. Among the funds receiving the capital commitments are Ventura Capital Privado Fund and Alsis Mexico Housing Opportunities Fund Offshore.

Houston-based energy technology company Glori has closed its buy of producing oil assets in Wood County, Texas for $40 million. The seller was Petro-Hunt. Glori recently said it would merge with Infinity, which is backed by private equity fund Infinity Group and Hicks Equity Partner.

Irish aircraft leasing company Avolon has received a $500 million debt facility. Credit Agricole CIB and Deutsche Bank AG were the joint lead arrangers on the financing. According to the company, the loan will be used to finance new aircraft deliveries in 2014. Avolon is backed by Cinven, CVC Capital Partners and Oak Hill Capital Partners.

Middle market private equity firm Bregal Partners has acquired Shock Doctor from Norwest Equity Partners. No financial terms were disclosed. William Blair & Company represented Norwest Equity Partners in the transaction, while Bregal Partners was represented by law firm Dechert. Shock Doctor is a provider of athletic performance and protective equipment.

Evercore Trust Company, a subsidiary of investment bank Evercore, said Monday that it has named Alan Lebowitz as a senior advisor. Lebowitz recently retired from the Department of Labor where he served as a Deputy Assistant Secretary for Program Operations for the Employee Benefits Security Administration.