TorQuest announced the closing of its third fund with USD 535 million.
Private Equity
- American Millionaire Charged in Brutal Murders of Canadian Tycoon and His Partner in Dominica Denied Bail
- Sheetz Convenience Store Accused of Racial Discrimination After Denying Employment of Black, Mixed-Race, and Native American Applicants
- Michigan Family Sues Wendy's for $20 Million After 11-Year-Old Girl Suffered Deadly E.Coli Infection
New York Times' Dealbook reviewed several prominent private equity deals during the buyout boom, and gave an update how the companies had been faring.
Private equity firms including Advent International and CDIB Capital agreed to buy a large stake in coffee and tea retailer, The Coffee Bean & Tea Leaf without disclosing the financial terms of the transaction.
Wynnchurch Capital announced its plans to exit its mineral firm and two of its automotive parts companies.
The much awaited IPO of cybersecurity firm FireEye would push through with a pegged price of between USD12 and USD14 per share.
The Nigerian sovereign wealth fund's head was in the process of determining among eight asset classes which one should be in the fund's portfolio.
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
Private equity firms Headway Capital Partners and Committed Advisors issued a statement that they would be backing the spin-off of Loudwater Trust's portfolio.
Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.
The initial closing of Quadria Capital's second fund raised USD 107 million in capital commitments.
FNB Capital Partners would focus on investing in mezzanine debt, private equity, subordinated notes and other financial instruments.
Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.
According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.
Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.
Subscribe to VCpost newsletter
Most Popular
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Brazilian Woman Wheels Her Dead Uncle Into the Bank to Withdraw Loan in His Name
- Trump Media’s First Auditor Quits After Just a Few Months on the Job: Report
- Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
- UPDATE: Google Employees Arrested and Fired After Staging Protests Over Company's Project Nimbus Deal With Israel
- Social Security Benefits: 2025 COLA Predicted to Increase Amid Rising Inflation
- Spirit Airlines Staff at Florida Airport Filmed Cursing a 'Karen' Passenger After Moaning About Her Flight
- Navigating Tariff Tides: A Conversation with Jim Pratt on Supply Chain Strategies Ahead of 2024 Elections