According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013. There is a continuous decline in the outflows from US municipal bonds, with numbers dropping below USD1.

The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.

FNB Capital Partners would focus on investing in mezzanine debt, private equity, subordinated notes and other financial instruments.

Traditional insurer American Family Insurance buys out online insurance provider Homesite Group Inc for USD616 million.

Mercato Partners with other institutional investors provided USD30 million for an oversubscribed Series B financing round for Ingram Medical.

StartX had partnered with Stanford University and Stanford Hospitals and Clinics for a grant accelerator fund for Stanford affilated entrepreneurs.

According to the Latin American Venture Capital Association, there has been a 100% increase in value and volume for the market for the first half of 2013.

Michigan had joined six other states in a lawsuit to block the proposed merger of US Airways and American Airways to create the world's largest airline company.

Glenview Capital Management LLC had joined Hayman Capital Management LP in raising its stake in retailer JC Penney even after the departure of Bill Ackman last month.

Russia's richest man, Alisher Usmanov, said that he had decided to reduce his Facebook holdings by selling 14.2 million shares.