India's Infrastructure Development and Finance Co is in the early stages of raising $1 billion-$1.5 billion for a new fund to invest in infrastructure in the country.
Sectors
European Union to shine light on shadow banking
The European Commission pledged to tighten control of so-called shadow banking on Friday, answering central bank calls for stricter regulation of the sprawling 46 trillion euro ($61 trillion) sector which has been blamed for aggravating the financial crisis.
TAPTAP Networks Raises $4,5 million in Series A Led by Nauta Capital
The company has announced today the closing of a Series A financing round of $4,5 million led by Nauta Capital.
Babson Capital’s Middle Market Finance Group Supports the Riverside Company’s Investment in DentalPlans.Com
Babson Capital Management LLC (Babson Capital) and Charlotte, N.C., provided mezzanine debt and equity to support The Riverside Company’s investment in DentalPlans.com Inc.
Madison Dearborn Partners Completes Acquisition of Global Sensing and Valve Technologies Leader Schrader International
Madison Dearborn Partners Global VI-A L.P. and certain affiliated investment funds (Madison Dearborn) and members of Schrader’s management team have completed the acquisition of Schrader from Tomkins Ltd.
Latest News
Private equity firm KKR & Co LP said on Friday that income from carried interest and fees it charges for its assets fell year-on-year in the first quarter, resulting in a smaller dividend.
Carlyle Group LP ramped up efforts to market its shares to investors on Wednesday ahead of a planned initial public offering.
Europe's regulators are closing in on reform of "dark pools" stock trading, a move aimed at increasing transparency but which long-term investors fear will increase their trading costs.
BlackRock Inc and China Investment Corp will jointly launch an investment fund likely to be worth several billion U.S. dollars, the Financial Times said.
Shares of Haitong Securities Co Ltd, China's second-biggest broker by assets, were little changed in its Hong Kong debut on Friday, as concerns over Europe's debt troubles dampened investor demand for new listings.
Joe Rice, a founder of private equity firm Clayton, Dubilier & Rice LLC, is stepping down after 34 years at the company, according to a letter sent to investors.
New funding led by Baird Venture Partners to fuel triple-digit growth for the tag management and real-time data distribution provider.
SingleHop has completed its first-ever institutional financing, a $27.5 million round led by Battery Ventures.
Online language live tutoring company TutorGroup has raised US$15 million in growth financing from Qiming Venture Partners. This investment will fund the rapid expansion and broad delivery of TutorGroup services throughout China.
