Carlyle Group Establishes Indonesia Office

The Carlyle Group establishes its Indonesian office and taps a former UBS banker to head it. In a clear sign of expansionist motives, the Carlyle Group LP has launced an Indonesia office and has tapped a former banker of UBS to head the firm's operations in the country.


Pramerica CLO Is CLO ver.2.0

Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.

Billabong and Sycamore in Exclusive Takeover Talks

Australian surfwear firm Billabong announced that it has entered into a 10-day exclusive takeover talks with its former head Paul Naude and private equity firm Sycamore Partners.

Toronto Start-Up ThoughtWire Gets Canadian Government Support

The Canadian government has announced a government investment that allows Toronto-based startup ThoughtWire access to close to $2 million financing from southern Ontario angel investors to accelerate the development of its innovative software platform.


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Renaissance has acquired three oil wells from Black Elk Energy. A privately held oil and gas company based in Houston has completed the acquisition of select Black Elk Energy assets.
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ParElastic raises an additional US$5.7 million in additional funding. ParElastic Corporation, the purveyors of cloud data management business, announced today that they were able to obtain an additional $5.
The owners of Evonik are offering by private placement two percent of its shares before its eventual IPO days later.
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