Steve Case, Tige Savage and David Golden lead Revolution Ventures fund to the future. The Revolution Ventures fund, the first fund aimed at early stage investments, announced the expectation of closing USD200 million in commitments earlier today.
North America
Dundee Corp invests in CNSX Markets
An undisclosed amount was invested by Dundee Corp in the Urbana Corp backed Canadian National Stock Exchange Markets operator.
Tesco seeks sale after putting US grocery chains up for bankruptcy
Tesco Plc had filed for bankruptcy for its US stores last Monday and planned a sale of 167 stores to Yucaipa Cos led by billionaire Ron Burkle.
Ally's James Mackey to become Freddie Mac's finance chief
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
Wells Fargo to pay mortgage settlement claims to Freddie Mac
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
Latest News
In the latest Series B funding round for Evolent, the amount raised USD100 million. Evolent Health had announced the completion of a USD100 million Series B funding round.
Twitch's Series C investment round garnered USD20 million. The world's foremost video platform and community for online gamers, Twitch, recently announced a Series C USD20 million investment.
A USD15 million investment was recently announced by Clairvest to be received by Cieslok Media. The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company.
Trilantic Capital Partners would be purchasing Addison Group from Lake Capital Partners. Trilantic Capital Partners would be acquiring Addison Group from Lake Capital Partners for an undisclosed amount.
Investment company PointB sold its shares of Loft9. Seattle-based management consulting and private equity company Point B said it had exited from Loft9.
Clinton Group had increased its stake in Nutrisystem Inc. by 5.2%, according to a filing on Monday. Activist hedge fund Clinton Group had increased its stake in Nutrisystem Inc.
Private equity firms invested an undisclosed amount on the initial tranche of PaletteApp's Series A round.
Today, ACTIVE Network announced entering a definitive acquisition agreement with Vista Equity Partners in a deal priced USD1.05 billion.
Last minute buyers paid premium for vintage Chevrolet cars at an auction in Nebraska. Last minute buyers, like Doug Koehler, bought vintage cars at an auction in Norfolk, Nebraska.
