A report on Pensions & Investments said 2014 is set to be a very busy year for hedge fund launches because of factors like having experienced teams gearing to form their own companies and having available seed money, among others.
North America
Washingon gaming firm Valve expects virtual reality to flourish in two years
Michael Abrash, virtual reality researcher at Washington-based gaming firm Valve, said he expects amazing and consumer-friendly virtual reality products to be on launched on the market within two years.
US private investor Starwood purchases UK's Four Pillars Hotels
US-based global private investment firm Starwood Capital Group has acquired UK-based hotel owner and operator Four Pillars Hotels through an unnamed affiliated fund for an undisclosed amount.
Belgian firm Solvay offers to buy bankrupt Plextronics in $32.6M deal
Brussels, Belgium-based chemical firm Solvay SA offered to buy Pennsylvania, US-based conductive polymer maker Plextronics Inc in a $32.6-million deal amid a Chapter 11 filing by the latter.
Private Equity Headhunters announces upgrade of executive search platform
Private equity-focused executive search platform Private Equity Head Hunters has upgraded its executive platform that helps executives and recruiters save time and make the recruitment process more effective.
Latest News
Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
New York, US-based public holding company RCS Capital Corp entered a deal to buy Atlanta, Georgia-based investment banking firm JP Turner & Company for an undisclosed sum.
Private equity giant Warburg Pincus LLC will be acquiring a majority stake in Source, an asset management firm based in London for an undisclosed amount, Bloomberg reported.
Toronto, Canada-based commercial real estate services firm Avison Young bought Columbus, US-based firm PSB Realty Advisors for an undisclosed amount and opened a new office there.
Henrique de Castro, Yahoo's No. 2 chief who recently got fired, received a much higher compensation than other executives and even his boss Marissa Mayer when he was hired in 2012.
Wisconsin-based firm Salon Management Enterprises has acquired Fantastic Sams' seven hair grooming outlets in the Fox Cities and Green Bay region for an undisclosed sum, to be upgraded and re-branded to its NewStyle Salons brand.
The Canadian government has finally broken its silence about the Bitcoin, rejecting the digital currency as legal tender in the country, The Wall Street Journal blog Canada Real Time reported.
After saying no to an informal acquisition bid worth $100 million from AOL last year, Business Insider is likely set to raise new funds from its existing backers, re/code reported.
New Jersey, US-based medical device company Integra LifeSciences Holdings Corp completed the acquisition of dural repair product lines from Dublin, Ireland-based manufacturer Covidien for an undisclosed sum, to add to its neurosurgery product portfolio.
