TIAA-CREF to acquire Nuveen Investments

TIAA-CREF is to acquire Nuveen Investments, a diversified investment management company with approximately $221 billion in assets under management. TIAA-CREF is acquiring Nuveen from an investor group led by Madison Dearborn Partners for an enterprise value of $6.25 billion, inclusive of Nuveen’s outstanding debt.

CitiusTech adds to board

CitiusTech, a provider of healthcare technology services and solutions, has added to its board of directors. Gary Reiner and Cory Eaves both join the board from CitiusTech’s new investor, General Atlantic.


Quintel secures $10 mln in strategic financing

Quintel, a developer of multiband antenna solutions for mobile operators, has completed a $10 million financing round. The round was led by existing investor Trillium International and was joined by a key strategic partner.


Akamai Technologies appoints senior vice president

Akamai Technologies, a provider of cloud services for delivering, optimizing and securing online content and business applications, has appointed Seksom Suriyapa as senior vice president of corporate and business development. Earlier in his career, Suriyapa served as a technology investment banker, most recently with Morgan Stanley, as well as in venture capital, as an Entrepreneur-in-Residence at the Mayfield Fund.


Eaton Partners forms secondary advisory group

Eaton Partners has formed a secondary advisory group with the addition of three senior professionals, Michael Pilson, Alexander Mejia and Kevin Imhoff. Pilson, Mejia and Imhoff previously ran the Secondary Advisory Business at Atlantic-Pacific Capital, where they advised a wide range of clients on secondary market transactions.


Innovative Capital acquires Sabreliner Corporation assets

Innovative Capital Holdings‘ subsidiary Sabreliner Aviation has acquired all the assets of Sabreliner Corporation, a St. Louis based diversified aviation services company. Sabreliner Aviation is operating with a new management team and is headquartered in Perryville, Missouri. Terms of the transaction were not disclosed.

NEA launches second installment of design mentorship program

New Enterprise Associates has announced the second installment of its design mentorship program, In the Studio. Building on NEA’s 2013 program, In the Studio will be an intensive, two-week program for up to six design teams, developed and produced in collaboration with New York City-based product studio All Tomorrows, led by Albert Lee, and with Liz Danzico, founding chairperson of the Interaction Design program at New York City’s School of Visual Arts.

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