VENTURE CAPITAL POST

Becky Pritchard conducted an investigative report for the Wall Street Journal about how private equity had embedded itself deeply in an average consumer's life.

Private equity and hedge fund firms had set their sights on placing bets in infrastructure projects, stalled government transportation projects like railways and ports in particular.

Australian Workers Union head Paul Howes said the need for Australia to have a fresh injection of capital was more important than considering the sentiments of union workers at GrainCorp regarding the sale of the company to US-based Archer Daniels Midland.

UK healthcare facility investor Primary Health Properties would be consolidating with its rival Prime Public Partnerships in a GBP41 million agreement that will result to a combined portfolio of 257 properties valued at GBP942.3 million.

Construction group Murray & Roberts Holdings, Ltd announced that it had secured a material requirement to move forward with its buyout of Australian engineering company Clough Ltd.

A wave of initial public offerings on the London Stock Exchange appeared to have made investors' appetite waning, which prompted stocks of companies who had launched or is in the process of launching an IPO drop to below offer prices.

Invesco Canada Ltd added eight new funds for its Private Investor series or Series P for investors or advisors who wish to invest in one of Invesco's broad range of products at discounts.

Top leaders of the Chinese government released its plans to make major reforms in the economy and social systems, and vowed that such reforms would make decisive results by 2020.

Canadian dairy company Saputo Inc was one step ahead of clinching the win to take over Warrnambool Cheese and Butter Factory Co Holdings Ltd, when the former's revised bid received the recommendation of the latter's board of directors.

The European Central Bank's attempt to reduce the excess liquidity levels of banks in the financial system had prompted the central bank to call on banks it had loaned to repay its debts at a reduced rate.

Philanthropist and Microsoft co-founder Bill Gates suggested the state of Norway should invest a portion of its massive USD800 billion wealth fund to countries in Asia and Africa.

As preparations regarding a potential merger between Vodafone Group Plc and AT&T Inc was happening, Paulson & Co said in its regulatory filing that it had increased its ownership stake in the phone company.

Peer-to-peer financial lending platform Ppdai received a significant investment worth USD35 million from the financial arm of Alibaba Group, said sources who were familiar with the transaction.

A column at the The New York Times' The Dealbook argued that money managers and investors should take responsibility for betting on bad investments and that it should be their utmost responsibility to do research, especially when investing other people's money.

A rise of mega donations in universities had been seen by individuals as a form of repayment to their educational attainment and career successes, said a philanthropy expert.