SelStor AB, a Sweden-based provider of self-storage facilities, has raised Gbp15 million from Smedvig Capital. PRESS RELEASE Smedvig Capital and SelStor AB are pleased to announce that Smedvig Capital will invest Gbp15 million (175 million SEK.) in SelStor AB (or “the Company”), the newest entrant on to the emerging European self storage market. […]
NEW YORK, May 6 (Reuters) – Private equity and real estate firm Blackstone Group LP (BX.N: Quote, Profile, Research) said on Tuesday it raised $1.3 billion to invest in high quality loan assets. The group said it closed three collateralized loan obligation funds which were created over the past month. Collateralized loan obligations, or CLOs, […]
LONDON, May 6 (Reuters) – European companies might need to pump billions more euros into their pension funds to meet proposed new accounting rules, Allianz Global Investors said on Tuesday. The implementation of Solvency II rules “could be the final nail in the coffin for defined benefit schemes” Brigitte Miksa, head of Allianz Global Investor's […]
RegImmune Corp., a Tokyo-based developer of immune regulatory therapeutics, has raised $8 million in Series B funding. Backers include NIF SMBC Ventures Co., CSK Venture Capital Co., Japan Asia Investment Co., and Yasuda Enterprise Development Co. PRESS RELEASE REGiMMUNE Corporation, a privately held biopharmaceutical company, announced today that it has closed its Series […]
Apoptos Inc., a San Diego-based developer of small-molecule drugs to directly induce tumor cell apoptosis, has raised $28 million in Series A funding. The round is double-tranched, based on milestones. Backers include Venrock, ARCH Venture Partners, OrbiMed Advisors, and Advanced Technology Ventures. PRESS RELEASE Apoptos Inc., an oncology research and development company, today announced […]
F. Stephen Larned and Daniel Lieber have joined Welsh, Carson, Anderson & Stowe as senior operating executives. Larned most recently served as chief marketing and strategy officer for DigitalGlobe Inc., while Lieber was chief operating officer for Union Site Management. PRESS RELEASE Welsh, Carson, Anderson & Stowe (the “Firm”), the largest private equity investor […]
Miles Mahoney and Glenn Michael have joined highway 12 Ventures as general partners. Mahoney previously was with SAS as vice president of global alliances and channels. Michael has been a serial CFO and COO. PRESS RELEASE Highway 12 Ventures, Inc., an early-stage regional venture capital firm, today announced the addition of two new General […]
Albertson's LLC has agreed to sell 72 convenience stores and fueling kiosks to Valero (NYSE: VLO). No financial terms were disclosed. Albertson's was taken private in 2006 by Cerberus Capital Management, Kimco Realty Corp., CVS Caremark and Supervalu Inc. PRESS RELEASE Valero (NYSE: VLO) announced today that it has signed an agreement to purchase 72 […]
Orval Kent Food Company Inc., a portfolio company of Questor Management Co., has acquired Fresh Creative Foods LLC, a processor and distributor of ready-to-eat refrigerated gourmet meals and side dishes. No financial terms were disclosed. Fresh Creative was advised on the deal by RSM EquiCo Capital Markets. PRESS RELEASE Orval Kent Food Company Inc., a […]
HitecVision, an oil and gas sector-focused private equity firm, has sold its investment in Knowledge Systems, a geopressure and geomechanical services business, to Halliburton. Founded in 1985, Knowledge Systems is headquartered in Texas, with offices in Guildford, UK and Perth, Australia. The business has approximately 90 employees. Knowledge Systems was a portfolio company of HitecVision […]