The Blackstone Group announced the formation of Blackstone Altius Advisors, an event-driven strategy focused on opportunities in the Asia-Pacific region. It will be led by Aaron Nieman, who previously was with S.A.C. Capital Management as a managing director in the Canvas Capital Management division. The deal also includes chief operating officer Christopher Pesce, who previously […]
Qosmos, a French provider of information extraction solutions based on deep packet inspection technology, has raised EUR 7 million in third-round funding. Backers include Sofinnova Partners, Alven Capital and GfK AG. PRESS RELEASE Qosmos, the industry leader in information extraction solutions based on advanced Deep Packet Inspection (DPI) technology, announced today that is has […]
Geoffrey Cockrell, Mark Kromkowski and Michael Lusk have joined McGuireWoods LLP as Chicago-based partners in the firm's private equity practice. All three previously were with Wildman Harrold. PRESS RELEASE McGuireWoods LLP announced it is expanding its Private Equity practice with the addition of three new partners in its Chicago office. The three partners, Geoffrey […]
Open Link Financial Inc., a Uniondale, N.Y.-based provider of cross-asset trading, risk management and portfolio management software, has filed for a $200 million IPO. Credit Suisse and Citi are serving as co-lead underwriters. TA Associates acquired majority control of the company in February 2006, via a recapitalization. It currently has a 77.5% position. www.olf.com […]
HONG KONG, May 13 (Reuters) – Baring Private Equity Asia has raised nearly $1.52 billion for a fund targeting mid-sized growth companies in the region, showing investor appetite for Asia remains strong despite a slowing global economy. Baring said on Tuesday that the new vehicle, which it described as the largest regional growth equity fund […]
STUTTGART, Germany, May 13 (Reuters) – Investment group Permira [PERM.UL] does not plan to sell or delist German fashion house Hugo Boss (BOSG_p.DE: Quote, Profile, Research), Permira said on Tuesday, reacting to reported comments from the head of Boss parent Valentino. Permira said in a statement that Valentino Chief Executive Stefano Sassi had been misquoted […]
Merlin Nexus has held a $40 million first close for its third fund, which is being marketed with a $125 million target. The New York-based firm focuses on late-stage and PIPE opportunities in the life sciences space. Limited Partners include Permal Capital Management and Capital E Group. www.merlinnexus.com
Mozes Inc., a Palo Alto, Calif.-based provider of a mobile service that allows users to create and share content, has raised $11.5 million in Series B funding, according to a regulatory filing. Maveron was joined by return backers Norwest Venture Partners and North Bridge Venture Partners. www.mozes.com
Norman Pearlstine is leaving The Carlyle Group, where he has served as a senior advisor to the firm's telecom and media practice since late 2006. He will join Bloomberg as chief content officer, a new position. PRESS RELEASE Bloomberg today announced that it has named Norman Pearlstine its Chief Content Officer, a newly-created […]
Research in Motion (RIM) today announced that it has formed a $150 million venture capital fund to invest in mobile applications and services that will work with its Blackberry devices. The Blackberry Partners Fund is being co-managed by RBC Venture Partners and JLA Ventures. Investors include RIM, RBC and Thomson Reuters. PRESS RELEASE […]