Silver Lake looks to raise new USD1 billion technology fund

Technology-focused private equity firm Silver Lake Management LLC will raise a USD1 billion fund to be invested in mid-sized companies. The firm's Silver Lake Sumeru LP unit will run the new fund.


Ansell to acquire BarrierSafe for USD615 million

Australia-based industrial glove maker Ansell Ltd agreed to purchase US-based hand protection product manufacturer BarrierSafe Solutions International for approximately USD615 million in a transaction subject to US antitrust clearance.

Carlyle to Buy Investor in Hedge Funds

US-based private equity firm Carlyle Group LP announced its plan to acquire Canada-based investor in hedge funds Diversified Global Asset Management Corp for USD33 million.

Littlejohn & Co to acquire e-commerce company Newgistics

Connecticut-based private equity firm Littlejohn & Co. was said to be buying e-commerce company Newgistics Inc. The deal will be financed by Littlejohn's Fund IV, which has a capital commitment of USD1.3 billion.


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Holliday Fenoglio Fowler LP or HFF was able to secure USD 100 million in financing to fund the acquisition of Tower at Cityplace by Parmenter Realty Partners.
Mexican broadcaster TV Azteca purchased financially troubled soccer club Atlas on Monday in an acquisition deal valued at USD50 million, according to the club's president.
Boulder, Colorado-based tech startup Revolv raised USD4 million in a funding round led by The Foundry Group to add support for more devices and hire more employees.
Toronto-based merchant bank Minerx Group was out to prove that there is a plethora of opportunities in the the advanced exploration market with its new private equity arm called Minvest Partners, according to a Mining Markets article.
French investment firm Wendel and Nordic Capital are the remaining bidders for Germany's medical patch maker LTS Lohmann. The acquisition deal could bring in EUR1.2 billion to the company owned by Novartis, BWK and German tycoon Dietmar Hopp.
In its first acquisition, US-based journalism startup Byliner purchased mobile developer Seesaw Decisions for an undisclosed amount, but has not yet confirmed its plan for Seesaw.
Sydney-based property trust Westfield Group and London-based property developer Hammerson obtained preliminary approval from the local government council of Croydon to rebuild a shopping center in South London.
Singapore's DBS Group Holdings, Credit Suisse, and ABN AMRO are among the shortlisted suitors that have placed their final round bids for Societe Generale's Asian private bank.
The Indian Angel Network, the country's oldest and largest angel investor network, is hunting for investment opportunities in the UK and Singapore. IAN expects to announce its first UK deal during the first half of 2014, while it will begin its Singapore operations in the latter half of next year.
Chinese billionaire Yuzhu Shi and a Baring Private Equity Asia affiliate sought to take Giant Interactive Group Inc. private for USD11.75 per American Depositary Share (ADS). The consortium values the Chinese online game developer at USD2.82 billion.