Sumitomo Mitsui Financial Group will buy a 24 percent stake in a mid-sized Chinese asset management firm for around $125 million, two sources with direct knowledge of the matter said, a move that would be its first foray in China's wealth management market.
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Emergence Capital Co-Founder Jason Green Appointed to National Venture Capital Association Board
Emergence Capital Partners, the leading venture capital firm focused on technology-enabled service companies, today announced that co-founder and General Partner Jason Green has joined the board of directors of the National Venture Capital Association (NVCA), the preeminent trade association for the venture community.
appRenaissance Acquires Mobile UX/UI Innovator UXFLIP
Dynamic UX/UI capabilities to enhance company’s Unifeed™ Mobile Middleware Platform appRenaissance (www. apprenaissance. com), a leading provider of mobile applications, tools and infrastructure, announced today that it has acquired UXFLIP, an innovator in dynamic mobile interface capabilities.
Halifax Announces the Sale of PolyPipe
The Halifax Group, a private equity firm that partners with management to invest in growing entrepreneurial companies, announced today that it has sold PolyPipe Holdings, Inc. (“PolyPipe”) to Dura-Line Holdings, Inc. Terms of the sale were not disclosed.
HarbourVest hires ex-JPM banker to head new Beijing office
Global private equity firm HarbourVest Partners said on Tuesday it has hired ex-J.P. Morgan banker Sally Shan as a managing director to head its new office in Beijing.
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China's rigid capital rules ban its citizens from investing directly in Apple Inc but that's not keeping them from seeking a piece of the iPhone maker's success by buying shares in its suppliers - and even companies rumored to be suppliers.
The purpose is to complete the product development and market introduction of Accelr8’s BACcel™ culture-free, diagnostic system for same-shift identification and antibiotic resistance testing of bacterial and fungal pathogens.
This increase in funding limit allows CRS to take advantage of opportunities in the market place for both organic and external growth
Impact Investment Fund Partners with Express Life to reach 500,000 in Ghana with Financial Services
Company Enters Strategic Growth Phase, Rooted in the Strength of Its IT Operations and Cloud Management Platform for Service Providers and Corporations.
U.S. Bank and Jay Paul Company announced today they have closed on a $284.7 million construction/bridge loan that will finance Moffett Towers Phase II, a 1,033,000 square-foot, Class A mid-rise office project in Sunnyvale, Calif.
Financing Supports Clinical Development of ALD403, Unpartnered Program for the Treatment of Migraine, and of ALD518 in Cancer-related Indications.
Intrepid Investment Bankers LLC ("Intrepid"), a leading middle market investment banking firm, today announced the sale of Celtic Capital Corporation ("Celtic Capital"), a portfolio company of Pine Tree Equity I, LP, in its sale to Pacific Western Bank. The transaction closed on April 3, 2012. Intrepid acted as financial advisor to Celtic Capital.
Arlon Group (Arlon), an investment firm focused on food and agriculture, announced that Arlon Food and Agriculture Partners LP, in partnership with management and Edward Billington & Son (Billington), has acquired Wholesome Sweeteners. Wholesome Sweeteners is headquartered in Sugar Land, Texas and is the leading supplier of organic and Fair Trade certified sweeteners in North America. Nigel Willerton, CEO of Wholesome Sweeteners, will continue to lead the management team.
