Cerberus Capital Management has restructured its global real estate platform with new appointments. Lee S. Millstein, the firm’s current head of European and Asian distressed/real estate, has been named global head of real estate while Ronald A. Rawald, head of European real estate advisory, will move from London to New York and become head of international real estate. Also, Daniel Dejanovic will relocate from the firm’s London office to its new one in Amsterdam and became head of European real estate.
ROTH Capital Partners has hired Eric B. Cheng as managing director, head of healthcare investment banking. Previously, Cheng worked at Maxim Group where he served as senior managing director, head of healthcare investment banking.
New York City-based Zeta Global, a data-focused marketing tech firm, has secured $140 million in Series F financing. The investors were GPI Capital, funds sponsored by Franklin Square Capital Partners and sub-advised by GSO Capital Partners LP, the credit division of Blackstone. Credit Suisse was the placement agent and adviser to Zeta Global.
New York City-based Propel, which makes the social net safe through software, has raised $4 million in seed funding, according to a blog post. The investors included Andreessen Horowitz, Omidyar Network, The Durant Company, SciFi VC, Jay Borenstein, WinWin and the Financial Solutions Lab at the Center for Financial Services Innovation.
Warburg Pincus has named Dominic Casserley as a senior adviser in its financial services group. Casserley is a former CEO of Willis Group Holdings.
Ambler, Pennsylvania-based Moberg ICU Solutions, a medical device maker focused on neurological patient monitoring solutions for acute care, has raised $3 million in funding. ArchiMed‘s Micromed SAS was the backer.
San Mateo, California-based Evidation Health, a provider of real-life data on connected patients for healthcare companies, has secured $10 million in funding. Sanofi-Genzyme BioVentures led the round with participation from previous backers GE Ventures and B Capital Group.
Waltham, Massachusetts-based Avedro Inc, an ophthalmic pharmaceutical and medical device company, has raised $42 million in equity and debt financing. HealthQuest Capital led the equity financing with participation from previous backers OrbiMed Advisors and InterWest Partners. An OrbiMed affiliate provided the debt financing.
UiPath, a robotic process automation software company, has raised $30 million in Series A funding. Accel led the round with participation from return backers Earlybird Venture Capital, Credo Ventures and Seedcamp.
First Read ushers in the day with news that Weight Watchers gets a new CEO, Trump’s tax plan could be bad news for New York, New Jersey and California, and Gett, the on-demand ride service, has acquired Juno for $200 million.
Cambridge, Massachusetts-based CollegeVine, an online guidance platform for high schoolers, has secured $3.6 million in Series A funding. Morningside Technology Ventures led the round with participation from University Ventures and Silicon Valley Bank.
Contract research organization Pharmaceutical Product Development‘s existing owners Hellman & Friedman and The Carlyle Group have agreed to recapitalize PPD. Also, Abu Dhabi Investment Authority and GIC, Singapore’s sovereign wealth fund, will acquire minority ownership stakes in PPD. Both Hellman & Friedman and Carlyle will remain majority shareholders in PPD. The transaction puts PPD at a valuation of $9.05 billion. Goldman Sachs, J.P. Morgan Securities LLC, and Centerview Partners served as financial advisers to PPD.
Industrial Growth Partners has acquired Carol Stream, Illinois-based Royal Die & Stamping, a provider of electrical connectivity components for automotive and industrial applications. No financial terms were disclosed.
Second Opinion wraps up the day with news that Credit Suisse is seeking to raise $4 billion, Instagram hits 700 million users and the Republican holdouts have endorsed the amended GOP healthcare plan.
Washington, DC-based Accolade Partners, a growth equity and venture firm, has closed its oversubscribed sixth fund at $235 million. Accolade VI’s investors include endowments, foundations and families. The fund will focus on technology and healthcare.
San Francisco-based Patch Homes, a home equity financing platform, has raised $1 million in seed funding. The investors included Techstars Ventures, KIMA Ventures, Eric Di Benedetto and Airbnb co-founder Nathan Blecharczyk.
NewSpring Capital has invested $11 million in Eastern Wholesale Fence Co Inc. Based in Medford, New York, Eastern is a maker of fence products.
Austin, Texas-based Next Coast Ventures, a venture fund that focuses on early-stage tech businesses, has secured an undisclosed amount of funding. The investor is Renaissance Venture Capital Fund.