Sofinnova Ventures appoints Dr. Srinivas Akkaraju MD, PhD to become the company's General Manager.
Sectors
Buffett Says His Successor Would Have Better Pay
Speaking to Bloomberg from Omaha, NB, Berkshire Hathaway's Warren Buffett says his successor has been chosen by the board and he designed the successor's new pay scheme.
Geodynamics Seeks New Partner
Geodynamics seeking new partner for its Innamicka project located in central Australia. Geodynamics is a firm whose business explores the underground as a means to harness the power generated from hot rocks.
Markel Corp Acquires Alterra Capital
Markel Corp announces the acquisition of Alterra Capital. Markel Corporation announced that it has completed the purchase and acquisition of Alterra Capital Holdings Ltd.
WhiteWave Foods Company to be Spun off by Dean Foods
Dean Foods spins off WhiteWave Foods. US based food and beverage company, Dean Foods Company, signed the spin off from The WhiteWave Foods Company. In an announcement, the board of directors had consented to the distribution of the residual equity interest in The WhiteWave Foods Company to stockholders of Dean Foods.
Latest News
ArcView Investor Network nets US$1 million commitments. At a press conference held last Monday in Seattle, ArcView Investor Network disclosed to attendees a number of its initial external angel investments in the newly legalized marijuana industry.
Former Goldman Sachs banker Fang Fenglei opens new fund named Hopu Master Fund II. Former Goldman Sachs banker, Fang Fenglei, is now undertaking a mission to raise US$2 billion in a new fund, according to anonymous sources familiar with the transaction.
The Truell brothers invest major capital funds to become majority shareholders of Imagine Publishing.
Giant receives investment funding from Shamrock Capital. Giant Creative/Strategy LLC, the leading healthcare communications agency, announced it had received funding from Shamrock Capital Advisors, the private equity firm based out of Los Angeles, CA.
Nexus Group, the Peruvian private equity firm, raises US$600 million in funds. Pioneer Peruvian private equity firm Nexus Group has announced that it has closed its institutional fundraising activities for NG Capital Partners II.
Capital Royalty announces closure of Capital Royalty Partners II LP exceeding the initial targets set.
High Road Capital purchases Dowden Medical Communications Group. In an announcement, High Road Capital Partners said that its portfolio firm Dowden Medical Communications Group has finalized its second add-on acquisition through the purchase of Tricore.
Amspec purchaes Incline Equity Partners. Incline Equity Partners announced today that it acquired AmSpec. Incline is a small and medium business focused equity firm with headquarters in Pittsburgh.
The Carlyle Group forms its London based energy investment team. A six person energy investment team was hired by the Carlyle Group to take advantage of the forecasted increase in demand for energy and equivalents in the next few years.
