Trending on peHUB this week: BlackRock, Capital Dynamics, PIMCO, Deltek, Thoma Bravo, VC portfolio services, small-cap stocks, Right Now Economy, Amulet Capital, Harlem Globetrotters

Personal Capital said it raised $25 million of Series C financing in a deal led by Crosslink Capital and joined by new investor BlackRock and existing investors Institutional Venture Partners and Venrock. Crosslink’s Jim Feuille has joined the board.

Global asset manager BlackRock has acquired 17,723 common shares in Newcrest Mining at a price of $25.27 per Common Share. Following the transaction, BlackRock has control of 86,517,607 Common Shares of Newcrest, representing approximately 11.31% of the outstanding Common Shares of Newcrest. PRESS RELEASE BlackRock, Inc. (NYSE:BLK) today announced that on September 3, 2012, it, [...]

Global asset manager BlackRock has acquired 400,000 common shares in the capital of Minera at a price of $0.66 per common share. Following the transaction, BlackRock will have control over a total of 18,246,926 Common Shares, representing approximately 12.01% of the outstanding Common Shares of Minera. Minera is a Latin American precious metals mining, development [...]

China Investment Corp (CIC) has sold most of its stake in asset manager BlackRock as part of a wider strategy to trim holdings in global financial institutions, the Financial Times reported, writes Reuters. China’s $482 billion sovereign wealth fund, bought a 3 percent stake in BlackRock for $1 billion in 2009, the report said, writes [...]

Alternative investment solutions provider BlackRock is to acquire Swiss Re Private Equity Partners the European private equity and infrastructure fund of funds franchise of Swiss Re. Operating from Zurich, Hong Kong, New York and Bratislava, SRPEP had $7.5 billion in total commitments at May 31, 2012. SRPEP will be integrated with BlackRock’s existing private equity [...]

The sale of Deutsche Bank funds business is off after Guggenheim Partners walks away from buying RREEF.

Russell Steenberg, global head of BlackRock private equity partners, thinks that venture capital represents an investment opportunity.

Fiat (FIA.MI) and Ferrari’s corporate parent Exor (EXOR.MI) mulled an investment in motor racing company Formula One before its initial public offering, and opted to pass because the price was too high, Chairman and CEO John Elkann said on Tuesday. Private equity fund CVC Capital Partners CVC.UL recently sold a “pre-IPO” stake for $1.6 billion [...]

Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company’s planned $3 billion initial public offering in Singapore, writes Reuters. The pre-IPO deal cuts CVC’s stake in Formula One to about 40 percent from 63.4 percent. The two other investors [...]