Jonathan Marino

Identec Group, the RFID technology firm, just wrapped up a $7.5 million round to fund growth. The company did not publicize its advisors, the terms of the transaction or the investors that participated in the round.

Wibiya, the web publishing solution and app platform, has been sold to Conduit. Terms of the deal were not publicized and advisors were not named. Wibiya CEO Dror Ceder will remain with the company after its sale.

Shasta Ventures is reaching out to limited partners in preparation for its third fundraising, peHUB has learned. Shasta Ventures declined to comment for this story. Most of Shasta’s prior GPs are expected to participate in the fundraising. One source confirmed to peHUB that both of the California-based VC firm’s first two funds are expecting to generate....

Gtrot, the site that intertwines social networking with travel sharing businesses, has locked down growth capital in the form of a Series A VC round from Lightbank. The company launched in late 2009, and is led by Brittany Laughlin and Zachary Smith. Specifics on the deal were not released.

Private equity firm Kohlberg Kravis Roberts & Co. LP and International Finance Corp. led a Rs 4400 million investment in Magma Fincorp LTD, the non-deposit taking non-banking finance company. Ernst & Young (Advisory) and Wadia Ghandy advised Magma on the transaction. Ernst & Young (Transaction Advisory), McKinsey & Co., Simpson Thacher & Bartlett, AZB Partners and Kotak Mahindra Capital advised KKR on the transaction.

Intel Capital, the investment arm of chip maker Intel Corp., has struck four deals across a few industries that total up to a $24.5 million deployment. News of the deals came at a briefing in New York Monday where Intel Capital President Arvind Sodhani told attendees the latest venture investments bring to $10 billion the total amount of capital deployed on incubator investments by the tech titan. Intel didn’t specify who got what from its VC arm, but the proud recipients of new funding include....

Several dozen members of the California Public Employees’ Retirement System investment staff apparently are facing disciplinary action and fines from the state’s Fair Political Practices Commission, peHUB has learned. The potential fines are the latest in a series of damaging revelations regarding the pension fund’s disclosure of financial statements and relationships with private service providers, […]

Confie Seguros, the national provider of insurance that concentrates on the Hispanic demographic, has acquired a pair of New Jersey brokerages-- Royale Insurance and First Americano Insurance Agency – from founder and CEO Remberto Perez, a seasoned insurance executive who will continue as CEO of the two companies. The company is a portfolio company of Genstar Capital.

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Private equity firm TowerBrook Capital Partners sold Jimmy Choo to Labelux GmbH for terms undisclosed. Labelux, the private investment firm, is reportedly paying up to $893 million in the deal, Reuters reported earlier. Rothschild acted as financial adviser, Hogan Lovells acted as legal adviser and KPMG advised on due diligence for Labelux. Joshua Schulman and the Management Team were advised by Pearce LLP. Tamara Mellon was advised by MX Capital Partners, Vedder Price, New York and Travers Smith, London. Goldman Sachs and Morgan Stanley acted as financial adviser and Kirkland & Ellis acted as legal adviser for TowerBrook.