James O’Connor Joins Investment Bank William Blair as Head of VC Coverage

March 13, 2015

James O’Connor has been appointed by William Blair & Company, a global investment banking and asset management firm, as its managing director and global head of venture capital coverage. In this newly created position, Mr. O’Connor will focus on extending the company’s advisory services among venture capital firms, corporate venture groups, and entrepreneurial hubs in […]

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Private Equity Firm High Road Capital Partners Buys York Wallcoverings

March 12, 2015

High Road Capital Partners, a private equity firm focused on buying and building leading companies at the smaller end of the middle market, has acquired York Wallcoverings. But York Wallcoverings’ President and CEO Carl Vizzi says the move is not a sign the company is going anywhere. “We partnered with these guys, and believe me […]

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“Great Opportunity to Get Venture Capital” Says KPMG’s Peter Nash

March 11, 2015

Following to Peter Nash head of consultancy KPMG, local investment in venture capital and startups has plunged by nearly one-third since the global financial crisis, a trend that must be addressed. “You often hear that we are only 24 million people, we can’t play in the venture capital space, we can’t fill out aspects of […]

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New York’s Corigin Ventures Plans to Expand in Florida

March 10, 2015

David Goldberg, a director of a Manhattan-based venture capital firm Corigin Ventures, announced that is planning to invest in more South Florida companies and to eventually open an office here. The venture capital firm invests funds from Corigin Real Estate Group, which will soon open a sales office in Brickell. Three of the firm’s leaders […]

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Anjan Mukherjee Exits PE Firm to Join U.S. Treasury Department

March 9, 2015

Anjan Mukherjee has left The Blackstone Group L.P., an American multinational private equity firm based in New York City and to join the U.S. Treasury Department as an adviser on matters related to markets and financial institutions. Mr. Mukherjee, 41, was a senior managing director in the New York firm’s private-equity unit and was a […]

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David Walker Joins F&C Investments as Private Equity Director

March 6, 2015

David Walker, a former European Investment Bank (EIB) head of infrastructure funds, has been appointed by F&C Investments, one of the UK’s longest-established investment companies, as private equity director. Walker worked at the EIB and before that the European Investment Fund in Luxembourg for 14 years but will return to his nature Edinburgh at F&C. […]

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OneMain Financial Exits Citigroup for $4.25B in Cash

March 5, 2015

OneMain Financial, a provider of personalized loan solutions, has been sold from Citigroup Inc. to Springleaf Holdings Inc. for a total cash consideration of $4.25 billion, according to lender’s announcement. Shares of the Evansville, Ind.-based Springleaf soared 26% in afternoon trading, while Citigroup shares edged up 0.4%. The combined Springleaf-OneMain lender will have approximately 2.5 […]

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Bain Capital Unit Eyes $3.5B for a Global Credit Fund

March 4, 2015

According to Bloomberg, Bain Capital’s debt-investment arm Sankaty Advisors is seeking up to $3.5 billion for a new distressed-debt fund targeting companies throughout the globe. The Boston-based firm already sees several industries undergoing a downturn, including energy, shipping, media, metals and mining, according to a letter sent to investors, a copy of which was obtained […]

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Medpharm Holdings Africa Receives Its First Private Equity Investment

March 3, 2015

Medpharm Holdings Africa, an Ethiopian medical diagnostic laboratory company, has been acquired by Ascent Capital, a growth capital private equity fund investing in Eastern Africa with multiple office locations. The private equity firm effected the $2.5 million (Sh228 million) equity investment in the company through its Ascent Rift Valley Fund arm. It did not, however, […]

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Taiwanese Startups Attract $316M from Chinese E-Commerce Giant Alibaba

March 2, 2015

Startups outside of mainland China will attracted the amount of $316 million in investment from Alibaba Group, a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. Alibaba said Monday it has earmarked 10 billion New Taiwan dollars (US$316 million) to invest in entrepreneurs from Taiwan who are starting and […]

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