Finance/Venture

Private equity buyouts in Asia take old risks with new money

A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.

Read Full Article

Failed bitcoin exchange Mt Gox gets U.S. bankruptcy protection

The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement with U.S. customers and a sale of its business.

Read Full Article

Moody's: EMEA high-yield market remains set for another record year, as private equity IPOs continue

With high-yield bond issuance of USD13.8 billion in May, and cumulative issuance reaching USD70 billion, 2014 looks well placed to set another issuance record according to Moody's

Read Full Article

Bitcoin entrepreneur settles SEC charges over stock sales

A well-known proponent of the electronic currency bitcoin agreed to pay nearly $51,000 to settle U.S. Securities and Exchange Commission civil charges that he publicly offered unregistered shares in two Internet ventures, the regulator said on Tuesday.

Read Full Article

Apple allows 'approved' virtual currencies in Apps

Apple Inc will let software developers include virtual-currency transactions in their applications, paving the way for new forms of money to appear on iPhones and iPads.

Read Full Article

Fidelity Contrafund cuts Yahoo stake by 41 percent this year

Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the fund's latest disclosure.

Read Full Article

Satellite TV operator Dish Network to accept bitcoins

Satellite TV operator Dish Network said it would accept bitcoin payments from customers from the third quarter, joining companies such as Overstock.com Inc and Zynga Inc in accepting the digital currency.

Read Full Article

As tech millionaires multiply, wealth advisers struggle to connect

When the nine-person startup he co-founded was bought by Facebook for a reported $15 million in January, Cemre Gungor, 27, was inundated with phone calls and emails from wealth advisers. Yet he spurned them all, opting instead to open an account with Betterment, an online financial adviser launched in 2010 that automatically invests in a portfolio of exchange traded funds based mainly on a client's age.

Read Full Article

Leading Boutique Investment Bank Marlin & Associates Names Jason Panzer as Chief Operating Officer

Marlin & Associates Securities LLC (M&A), the boutique investment banking and strategic advisory firm, announced that, effective today, Jason Panzer has been named to the newly created position of Chief Operating Officer.

Read Full Article

A view from the secondary market: 40 most sought-after European buyout funds

We've been examining secondary market demand for certain private equity and venture capital funds - so far we've explored the most sought after U.S. buyout funds and venture capital funds.

Read Full Article

Ventures compete for investors at Florida Early Stage Conference

The Florida Venture Forum will host its seventh annual Early Stage Conference May 15 together with the 4th Annual Statewide Collegiate Business Plan Competition in Florida attended by 20 choice ventures positioned for equity financing.

Read Full Article

UPDATE 1-Dymon gets $500 mln from Temasek to seed hedge funds

Singapore-based asset manager Dymon Asia Capital has received a commitment worth $500 million from Temasek Holdings to start a hedge fund seeding venture at a time the Asian industry is starting to recover after six years of sluggish growth.

Read Full Article

Edison Ventures hounds banking software company in acquisition for $44.5 million

Edison Ventures announces the acquisition of Andera Inc. for 44.5 million by Bottomline Technologies today. Charlie Kroll, Founder and CEO at Andera Inc. comments:

Read Full Article

US-based e-commerce lending firm Kabbage lands $50M in Series D financing

Atlanta, Georgia-based e-commerce lending firm Kabbage Inc landed $50 million in its Series D financing led by SoftBank Capital to provide $500 million worth of loans for small online businesses by the end of 2014.

Read Full Article

American P2P lending marketplace Prosper raises $70M for growth

San Francisco, US-based peer-to-peer lending marketplace pioneer Prosper raised $70 million in a funding round led by private equity firm Francisco Partners to build its business and fuel its growth.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics