Regions
CORRECTION: Vistria Group Launched with US$500 Million Fund
The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.
NY Lawsuit against Sprint Nextel for Tax Fraud Charges Underway
Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
NVCA Reports Strong 2nd Quarter for Venture Backed IPOs
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
Private Equity Insurance Deals Stalled by Probe
Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.