The Jordan Co. is targeting $3.5 billion for its second fund, according to Buyouts Mgazine. Credit Suisse is serving as placement agent. www.thejordancompany.com
David Wickham has joined Invesco Private Capital as a London-based principal, where he will focus on commitments to European funds. He previously was with Insight Investment. www.invesco.com
Fabian Mansson on Friday resigned as CEO of Eddie Bauer Holdings Inc. (Nasdaq: EBHI), just one day after shareholders nixed a $9.25 per share buyout offer from Sun Capital Partners and Golden Gate Capital. Board member Howard Gross will serve as interim CEO. www.eddiebauer.com
Patrick Hanraty and Henry Hissrich have joined the Philadelphia office of Harris Williams & Co. Hanraty will serve as a managing director with the Cobblestone Advisors lower-middle-market group, while Hissrich will serve as director of new business development. www.harriswilliams.com
FdG Associates has sold its minority stake in DentaQuest Inc., a Boston-based dental benefits administrator, back to the company for $110 million. FdG Associates invested $12 million of growth capital into DentaQuest in May 2002. www.fdgassociates.com www.dentaquest.com
Khai Tan has joined Bridgepoint as a partner in charge of the firm's new office in Warsaw, Poland. He previously oversaw Polish activities for Advent International. www.bridgepoint.eu
Targanta Therapeutics Inc., a Cambridge, Mass.-based developer of antibacterial agents, has raised $70 million in Series C funding. Brookside Capital, Skyline Ventures, Radius Ventures and OrbiMed Advisors were joined by return backers like Seaflower Ventures, VenGrowth Advanced Life Sciences Fund and the Canadian Medical Discoveries Fund. www.targanta.com
Zlango, an Israel-based developer of an icon-based language for Web and mobile messaging, has raised $12 million in first-round funding from Benchmark Capital and Accel Partners. www.zlango.com
Dash Navigation Inc., a Mountain View, Calif.-based provider of Internet-connected automotive GPS devices, has raised $25 million in Series B funding. Crescendo Ventures led the deal, and was joined by Artis Capital, ZenShin Capital Partners and Gold Hill Capital. Return backers included Kleiner Perkins Caufield & Byers, Sequoia Capital and Skymoon Ventures. The company raised […]
Nokia Growth Partners has formed a $100 million fund-of-funds that will invest in venture capital funds focused on emerging technology markets like India and China. It will be led by new managing partners John Gardner and Paul Asel. Gardner was previously a partner with BlueRun Ventures (f.k.a. Nokia Venture Partners), while Asel led the India […]