MMC Ventures has again opened the MMC Growth Generation Fund specifically tailored for young investors aged 18 to 35 years old, allowing them to invest in UK's hard to access but high-growth firms.
Firm Management
KKR & Co's Energy and Infrastructure unit head Marc Lipschultz steps down from Energy Future Holdings Corp board
Marc Lipschultz, the head of global investment firm KKR & Co's Energy and Infrastructure unit, has resigned from the board of Energy Future Holdings Corp, Bloomberg reported.
US-based accelerator Singularity University to launch $50M venture fund to tackle world problems
California, US-based education center and accelerator Singularity Universtity (SU) will launch a $50-million venture fund later this year for robotics, biotech, and nanotech firms formedy by SU students and faculty.
Angel investor-organized Las Vegas conference allows marijuana entrepreneurs to pitch to investors
Marijuana entrepreneurs were given the chance to pitch their products to a group of investors in a conference organized by angel investor firm ArcView Group, Bloomberg reported.
American car booking firm Uber to invade Asia Pacific market -source
San Francisco, California-based online car booking service Uber planned to venture into the Asia Pacific market and start hiring staff members across 14 cities, according to an Uber representative.
Latest News
In what could potentially set the stage for a battle with an activist investor, eBay Inc has rebuffed the proposal of Carl Icahn to spin-off its payments platform PayPal, Reuters reported.
UK-based media firm Channel 4 (C4) is getting ready to launch a $33 million (£20 million) growth fund that will be invested in various indie production companies in the country.
Former NBA star, philanthropist and venture capitalist David Robinson told Forbes Contributor Dan Schawbel that he formed Admiral Capital Group to be able to impact the community.
Cooley LLP announced today that 2013 was a record year for capital markets work. Cooley advised on a total of 60 public offerings in 2013, including 23 initial public offerings, raising more than $8.4 billion.
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
San Francisco, US-based mail startup Outbox is shutting down its mail digitizing service because of low count of paying customers signing up for it, and will instead focus on a new yet-undisclosed product.
Sears Holdings Corp will be halting the operations of its flagship store in Chicago in April in a bid to bring down the number of its outlets and rely more on online retail, Reuters reported.
Private equity asset management firm Hamilton Lane has named Mingchen Xia and Yen Li Chew to add to its Hong Kong office and enhance the presence of the company in the Asia Pacific region.
