Iris Dorbian
New York City-based financial information services company PeerIQ has hired Deepak Agnani as head of financial products. Previously, Agnani worked at Markit where he served as head of U.S. indices. PeerIQ is backed by Uprising; John Mack, former chairman and CEO of Morgan Stanley; Vikram Pandit, former Citigroup CEO; Arthur Levitt, former SEC chairman; and Eric Schwartz, former co-CEO of Goldman Sachs Asset Management.
Eurodrip, which is owned by Paine & Partners, has named Peter Berweger as CEO. The appointment becomes effective August 1. Berweger is succeeding Mihalis Panagis, whose resignation is effective immediately. Eurodrip is a global manufacturer and supplier of drip irrigation solutions.
Jensen Hughes Inc, a portfolio company of Huron Capital Partners LLC, has acquired Toronto-based Randal Brown & Associates Engineering Ltd and Vancouver, Canada-based Sereca Fire Consulting Ltd. No financial terms were disclosed. RBA is a provider of life safety and fire protection engineering while Sereca offers numerous engineering and consulting services that include fire protection design and engineering, building code consulting and forensic engineering and seminars.
Winona Capital has made an undisclosed "controlling" investment in Diono. ROTH Capital Partners served as financial advisors to Diono on the transaction. Headquartered in Seattle, Diono is a maker of travel products for children.
The Carlyle Group has closed its second U.S. 2015 collateralized loan obligation fund at about $610 million. The CLO, which was arranged by Citigroup, will focus mostly on senior secured bank loans.
First Read ends this beautiful spring week with news Syngenta rejected Monsanto's $45 bln takeover bid, Fitbit files for a $100 mln IPO and defying the odds, British Prime Minister David Cameron wins the UK election.
In Second Opinion, an appeals court rules that the NSA phone data collection is illegal, Alibaba names a new CEO and Yelp stock soars amid talk of a possible sale.
San Diego-based biotherapeutics company aTyr Pharma Inc has debuted its IPO after pricing its 5.36 million shares at $14 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol "LIFE." J.P. Morgan Securities LLC and Citigroup Global Markets are serving as the lead underwriters. The company’s backers include Alta Partners, Cardinal Partners, Domain Associates, Polaris Partners, Sofinnova Ventures, T. Rowe Price Associates Inc, Federated Investors Inc, Deerfield, Rock Springs Capital Management, EcoR1 Capital and Sphera Global Healthcare.
Precision Engineered Products LLC, which is owned by The Jordan Company and Nautic Partners, has closed its buy of Trigon International. No financial terms were disclosed. Trigon is a maker of orthopedic products.
Fifth Street Asset Management Inc has named David A. Heilbrunn as a managing director and member of the firm’s management committee. The appointment becomes effective May 11. Previously, Heilbrunn worked at The Carlyle Group where he served as a managing director.