Portland Private Equity Firm Buys Control of Guerdon Enterprises

August 19, 2014

Portland-based private-equity firm Riverlake Partners, LLC acquired controlling share of Guerdon Enterprises, a Boise producer of large multi-unit modular buildings. As speed, quality and control increasingly become critical decision making factors for the construction industry, the modular construction segment is projected to increase during the next few years and continue gaining acceptance in an estimated […]

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Carlyle’s David Rubenstein Eyes Opportunities in Africa for Private Equity

August 18, 2014

David Rubenstein, an American financier and philanthropist best known as co-founder and co-chief executive officer of The Carlyle Group, a global private equity investment firm, thinks about the opportunities in Africa for private equity. This is what according to Rubenstein, private equity has been the fastest growing industry within financial services over the past 30 […]

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Buyout Firm Veritas Closes Its Fifth Fund at $1.9B in 3 Months

August 15, 2014

After just three months of fundraising, Veritas Capital Fund Management, a leading private equity firm with a focus on investing in middle-market companies, announced it has closed its fifth buyout fund Veritas Capital Fund V with $1.875 billion. The new fund reached its hard cap and was oversubscribed, exceeding its $1.5 billion target. The offering […]

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Economic Net Income Quadruples during Ares Management’s Second-Quarter

August 14, 2014

The second quarter economic net income in Ares Management LLC, a leading global alternative asset manager, has increased by more than four times, led by improved performance-related earnings for its credit, private equity and real estate groups. The Los Angeles firm, led by Apollo Global Management co-founder Tony Ressler, posted $75.1 million in economic net […]

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Google Ventures to Open an Office in London

August 13, 2014

The venture capital investment arm of Google Inc. and provides seed, venture, and growth stage funding to technology companies Google Ventures, will open an office in London. The EY barometer reported that in 2013 venture capital investments in the United States amounted to $ 33 billion, compared with $ 7.4 billion in Europe. While this […]

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Equistone Partners Seeks €1.7B for Its Second Buyout Fund

August 12, 2014

According to sources, a former Barclays Plc private equity arm Equistone Partners Europe is planning to raise the amount of €1.7 billion or $2.3 billion for its newest buyout fund since independence from the British bank. The firm hired Lazard Ltd. to help raise the money, said the person, who asked not to be named […]

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Private Equity Giants Preparing Joint Bid in Kuwait’s Americana

August 11, 2014

According to sources, private equity giants Kohlberg Kravis Roberts and CVC Capital Partners are preparing a joint private equity bid for Americana Group, a Kuwaiti company that operates fast food franchises including TGI Friday’s, KFC and Pizza Hut in the Middle East and North Africa. Americana, also known as Kuwait Food Co., has a market […]

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Richard Branson Contributes for $21M Fundraising for Doctor on Demand

August 8, 2014

Best known for his Virgin brand, Sir Richard Branson, an English business magnate and investor, has backed a $21 million fundraising for San Francisco-based startup Doctor on Demand. Doctor on Demand has recruited more than 1,400 doctors across 46 US states that can be accessed via smart phone, tablet or PC by app users for […]

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Madison Realty Capital Closes Fund III at $145.4M

August 7, 2014

An institutionally backed commercial real estate investment firm Madison Realty Capital, is pleased to announce the final closed for its third fund, Madison Realty Capital Debt Fund III LP (“MRC Fund III”), at $145.4 million. Launched in 2014, MRC Fund III is the firm’s third real estate debt investment fund. Adam Tantleff, Managing Principal of […]

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Venture Capitalists Lead a $25M Series D Round for Druva

August 6, 2014

Sequoia Capital, Nexus Venture Partners and Tenaya Capital led a $25 million in series D funding round for Druva, a data management solutions provider offering inSync, backup, file sharing, data loss prevention, and rich analytics solutions. The Sequoia-led round comes 10 months after a $25 million Series C installment from the same investors, bringing the […]

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