The Carlyle Group has closed its third European real estate fund with $3.4 billion in capital commitments. PRESS RELEASE Global private equity firm The Carlyle Group today announces that it has closed its third European real estate fund, Carlyle Europe Real Estate Partners III (CEREP III), at $3.4 billion. The fund was raised […]
Heidrick & Struggles International, an executive search firm, has named S. John Kim and Daniel Edwards as co-heads of the firm's global financial services practice. Kim is based in New York, and recently joined the firm. Edwards is based in Tokyo, and joined in 2001. PRESS RELEASEHeidrick & Struggles International, Inc. (Nasdaq: HSII), the world's […]
VeraLight Inc., an Albuquerque-based developer of a non-invasive diabetes screening system, has raised $20 million in Series C funding. Psilos Group and CMEA Ventures co-led the round, and were joined by vSpring Capital, EPIC Ventures, The Dow Chemical Company and the Southern Ute Growth Fund. PRESS RELEASE VeraLight, Inc., a privately held medical device […]
PhysioSonics Inc., a Seattle-based developer of noninvasive neurologic products, has held a $4 million first close on its Series A round, from Johnson & Johnson Development Corp. PRESS RELEASE PhysioSonics, Inc., an innovator of noninvasive neurologic products, announced today the first close of its Series A financing with an investment from Johnson & Johnson […]
The Gores Group has completed its sale of Denver-based videoconferencing company Wire One Holdings Inc. to British Telecom (NYSE: BT). No financial terms were disclosed, except that the gross audited assets of Wire One were $90.5 million as of year-end 2007. ORIGINAL PRESS RELEASE BT (LSE: BT.A; NYSE: BT) today announced that it has agreed […]
Direct Group, a UK-based provider of corporate and affinity services to the insurance sector, has acquired Millennium Insurance for an undisclosed amount. Direct Group was acquired last summer in a
Barclays Capital has raised $1 billion for its first junior capital fund. It also may seek an additional $500 million in commitments. The vehicle will mostly provide mezzanine, uni-tranche and second-lien financing, but also may participate in private equity co-investments. PRESS RELEASE Barclays Capital, the investment banking division of Barclays Bank PLC, today […]
David Haddad has joined Olympus Partners as a vice president, according to LBO Wire. He previously was with Cornerstone Equity Investors, where he focused on the healthcare and consumer sectors. www.olympuspartners.com
IP Commerce Inc., a Denver-based provider of on-demand access to commerce services, has raised $17 million in Series C funding. Venrock led the round, and was joined by Total Technology Ventures and return backers Meritage Funds, Appian Ventures and Iron Gate Capital. The company has now raised more than $34 million since early 2006. […]
MarketAxess Holdings Inc. (Nasdaq: MKTX), an operator of an electronic trading platform for fixed-income securities, has raised $35 million from Technology Crossover Ventures. The deal involves the sale of preferred stock and warrants at a conversion price of $10 per share (34% premium to yesterday's closing price). PRESS RELEASE MarketAxess Holdings Inc. (MKTX), the […]