GIC Pvt. Ltd. stated that it was considering more investments in the US. One of Singapore's sovereign wealth funds, GIC Pvt Ltd, announced its preparations for the possible volatility of markets and economies in the second part of this year.
Regions
Microsoft loses "SkyDrive" brand
The tech titan was forced to rename its "SkyDrive" cloud service after losing a court battle in the United Kingdom.
FCA Venture Partners seals US$53 million fund
FCA Venture Partners revealed that they had sealed a US$53 million fund. FCA Venture Partners announced that it had just closed a US$53 million fund. The capital they have raised would be used to fill a funding gap that exists between angel and later-stage investment periods.
Blumberg Capital is the biggest winner in HootSuite's newest financing round
HootSuite financiers revealed that Blumberg Capital had earned up to 520% from their initial investment in HootSuite.
Smith & Nephew allots US$1.5 billion for acquisitions
Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.
Latest News
Fortress Investment Group said that they are pushing Blackstone Group LP to sell and exit investments.
Sources said that Krishnapatnam Port Company intend to sell stakes in the company in a bid to raise INR1,200 crore for its expansion plans.
Sources said that KKR will be investing around US$463 million in Hilding Anders AB via payment-in-kind notes.
The Dunkin' Brands Group said that they are targeting to expand operations and open Baskin-Robbins stores in Germany in 2014.
Intelligent Global Pooling Systems agreed to sell the company to iGPS Logistics for an undisclosed amount.
Insight Venture Partners, Accel Partners and OMERS Ventures invested a total of US$165 million in social relationship platform HootSuite.
Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.
Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.
Sentinel Capital Partners closed its largest fund to date with US$1.3 billion. Private equity firm Sentinal Capital Partners completed its fifth fund, Sentinel Capital Partners V L.
