Alan Menkes has joined I/ST Equity Partners as a partner. He had joined Tri-Artisan Partners as a managing director last year, before which he was founder and managing partner of Empeiria Capital and, before that, was co-director of private equity at Thomas Weisel Partners.
Kevin Yamashita has joined Bertram Capital as a vice president. He previously was with Calera Capital, and also has held positions with TPG, Yucaipa Cos. and the I-banking division of Salomon Smith Barney. http://www.bertramcapital.com/
Thomas Rapone has joined CapitalSource as a business development officer in its security lending group. He is a former U.S. Marshall who also served as Secretary of Public Safety in Massachusetts. http://www.capitalsource.com/
NEW YORK (AP) – Jazz Pharmaceuticals Inc., a drug company that specializes in treatments for neurological and psychiatric conditions, lowered the expected price range of its initial public offering, according to a regulatory filing Thursday with the Securities and Exchange Commission. Jazz now predicts the IPO, which is expected this week, will price between $20 […]
The Multiverse Network, a Mountain View, Calif.-based developer of multiplayer online games and 3D virtual worlds, has raised $4.175 million in Series A funding led by Sterling Stamos Capital Management. www.multiverse.net
Gizmoz Inc., a developer of personalized animated avatar technology, has raised $6.3 million in Series A funding. Benchmark Capital led the deal, and was joined by Columbia Capital. The company was launched four years ago, and was seeded by around $4 million in angel capital. www.gizmoz.com
Southwest Windpower Inc., a Flagstaff, Ariz.-based maker of residential-scale wind generators, has raised $6.5 million in Series B funding. NGP Energy Technology Partners led the deal, and was joined by return backers Altira, CTTV Investments and Rockport Capital Partners. www.windenergy.com
INI Power Systems Inc., a Morrisville, N.C.-based developer of methanol-powered fuel cell systems, has raised $4 million in Series B funding. MHI Energy Partners led the deal, and was joined by individual angels. www.inipower.com
Pegase Medical Inc., a Quebec City-based developer of natural base products for the animal market, has raised Cdn$3 million in first-round funding. Backers include Innovatech Quebec, Fonds Bio-Innovation, Lodial Capital and Benoit Cote.
Impressive Creative Inc., a producer of regional live entertainment in China, has raised $25 million in Series A funding. SIG Asia Investments led the deal, and was joined by IDG Venture Capital and Goldman Sachs.