Molecular Insight Pharmaceuticals Inc., a Cambridge, Mass.-based developer of molecular imaging pharmaceuticals and targeted radio-therapeutics, has increased the size of its proposed IPO from $57.5 million to $86.25 million. It also has changed its co-lead underwriters from Piper Jaffray and SG Cowen to RBC Capital Markets and Jefferies & Co. The original S-1 filing came […]
Environmental Technologies Fund, a London-based clean-tech venture capital firm, has held a first close on more than Euro 50 million for its inaugural fund. A second close is expected next quarter. Limited partners include Swiss Re and the European Investment Fund (EIF). www.etf.eu.com
Setanta Sport Holdings Ltd., an Ireland-based international sports broadcaster, has raised Euro 315 million in private equity financing from Doughty Hanson, Goldman Sachs, Davy Stockbrokers and Adams Street Partners. The infusion will be used to launch new UK services, including Setanta Golf in January 2007 and coverage of the FA Premier League from August 2007. […]
Biofuel Energy Corp., a Denver-based ethanol producer, has filed for a $300 million IPO. It plans to trade on the Nasdaq under ticker symbol BIOF, with JPMorgan, Citigroup and A.G. Edwards serving as co-lead underwriters. Shareholders include Greenlight Capital, Third Point Partners and Cargill Inc. The company initially plans to construct five large dry-mill ethanol […]
This week’s IPO calendar includes expected pricings from: Transforma Acquisition Group Inc., Guidance Software Inc., IPG Photonics Corp., Cal Dive International Inc., Genesis Lease Ltd., NewStar Financial Inc., WSB Financial Group Inc., Carrols Restaurant Group Inc. and US BioEnergy Corp.
Broadway Partners of New York has closed its latest private equity real estate fund with $590 million in capital commitments. The fund will focus on the North American office sector. www.bwaypartners.com
Audrey Klein has agreed to join Park Hill Real Estate Group, an affiliate of The Blackstone Group, as a London-based partner and head of European operations. She previously was a director with Caskar Partners, and plans to continue services Caskar clients through 2007. www.blackstone.com
Patronus Capital Advisors as a Chatham, N.J.-based boutique private equity advisory and fund placement firm. It is being run by Paul Delaney, founder of the Bear Stearns Private Funds Group who previously spent 20 years with MetLife. www.patronuscap.com
NeoVista Inc., a Fremont, Calif.-based ophthalmic device company focused on the treatment of age-related macular degeneration, has raised $41 million in Series C funding. Essex Woodlands Health Ventures led the deal, and was joined by MPM Capital and return backers Versant Ventures, SV Life Sciences, The Carlyle Group and Accuitive Medical Ventures. www.neovistainc.com
HydroCision Inc., a Billerica, Mass.-based developer of fluid-based tools for spinal surgery, has raised $12.7 million in new VC funding. Triathlon Medical Ventures led the deal, and was joined by return backers Oxford Bioscience Partners and Zero Stage Capital. www.hydrocision.com