Nexus Group, the Peruvian private equity firm, raises US$600 million in funds. Pioneer Peruvian private equity firm Nexus Group has announced that it has closed its institutional fundraising activities for NG Capital Partners II.
Investors
NorthStar and sponsored firm funds loan for Milford Plaza Hotel
NorthStar and sponsored firm funds US$255 million loan over Milford Plaza Hotel in Times Square, New York.
Aytos Soditic Completes Acquisition of Four Sage Subsidiaries
Aytos Soditic completes acquisition of four Sage subsidiaries. Argos Soditic has announced the completion of the acquisition of four Sage subsidiaries that specialize in software edition for vertical markets.
US$1 Million Commitment from ArcView Investor Network Made
ArcView Investor Network nets US$1 million commitments. At a press conference held last Monday in Seattle, ArcView Investor Network disclosed to attendees a number of its initial external angel investments in the newly legalized marijuana industry.
Fang Fenglei Launches New Fund
Former Goldman Sachs banker Fang Fenglei opens new fund named Hopu Master Fund II. Former Goldman Sachs banker, Fang Fenglei, is now undertaking a mission to raise US$2 billion in a new fund, according to anonymous sources familiar with the transaction.
Latest News
Capital Royalty announces closure of Capital Royalty Partners II LP exceeding the initial targets set.
High Road Capital purchases Dowden Medical Communications Group. In an announcement, High Road Capital Partners said that its portfolio firm Dowden Medical Communications Group has finalized its second add-on acquisition through the purchase of Tricore.
Amspec purchaes Incline Equity Partners. Incline Equity Partners announced today that it acquired AmSpec. Incline is a small and medium business focused equity firm with headquarters in Pittsburgh.
The Carlyle Group forms its London based energy investment team. A six person energy investment team was hired by the Carlyle Group to take advantage of the forecasted increase in demand for energy and equivalents in the next few years.
Sinopec Kantons, a division of state owned Sinopec, is planning an IPO. The logistics and trading unit of Sinopec, Sinopec Kantons Holdings, is planning to raise US$353 million through a stock offer.
BlackRock, the top money manager of the world, to hire 300 lawyers to monitor financial regulation all over the world.
Centaurus Capital goes private as it returns investor funds. Centaurus Capital, the hedge fund firm, is returning money to all its external investors after previous clashes on best revenue generating opportunities left them at odds.
UBS is facing calls from shareholders seeking to split the banking operations from wealth management operations.
Smith & Nephew to conduct share buyback programme for its shareholders. Smith & Nephew, the medical devices manufacturer, is now conducting a cash return program to its shareholders through a US$300 million repurchase program.
