Todd Stemler and Gavin Bates have joined Caltius Capital Management as principals in the firm's mezzanine group, which recently raised $500 million for its fourth fund. Stemler previously was a director with Levine Leichtman Capital Partners, while Bates was a director with CapitalSource. www.caltius.com
Edgeview Partners has opened an office in Los Angeles. It will be run by director Mike Peters, who joined the firm's Charlotte office last year, after having spent two years in LA with DLJ. PRESS RELEASE Edgeview Partners, a CIT company, is pleased to announce the opening of an office in Los Angeles
SpePharm Holding NV, an Amsterdam-based acquirer and marketer of hospital drugs to the pan-European market, has raised EUR 16 million in new VC funding. Participants included TVM Capital, Signet Healthcare Partners and Paul Capital Healthcare. Paul Capital also provided SpePharm with EUR 10 million to finance the acquisition of European rights to a hypothermia drug […]
ATS, a Strungmann brothers family office focused on the biotech sector, has acquired a majority stake in GANYMED Pharmaceuticals AG, a Mainz, Germany-based developer of cancer antibodies. No financial terms were disclosed. Gaynmed had raised over $70 million in VC funding since 2002, from firms like VI Partners, Future Capital, Ingro Finanz, Landesbank Baden-W�rttemberg (LBBW), […]
Nexus India Capital has closed its second fund with $220 million in capital commitments. The Mumbai-based firm focuses on early-stage companies with significant market opportunities or delivery presence in India. PRESS RELEASE Nexus India Capital, India's leading early stage fund today announced the closure of Nexus India Capital II, L.P., a $ 220 million fund […]
Greenhouse Capital Partners plans to raise between $75 million and $100 million for its second fund, according to VentureWire. The Sausalito, Calif.-based firm focuses on early-stage cleantech opportunities. www.greenhousecapital.net
MoFuse, a Providence, R.I.-based provider of mobile publishing solutions for bloggers, has raised an undisclosed amount of seed funding from The Slater Technology Fund. PRESS RELEASE MoFuse, which gives bloggers and other content publishers the ability to publish their content to the mobile web seamlessly, announced today that it secured its first round of seed […]
AAC Capital has created a sauna manufacturing champion by combining Finnish portfolio company Helo Group with Swedish company Tylo Group. Tyl
NEW YORK (Reuters) – Warren Buffett, the billionaire co-founder of a top private equity firm and a prominent voice for U.S. fiscal responsibility, called on the United States and its elected officials to combat the nation's fast-growing, multi-trillion dollar debt load. Buffett, Blackstone Group LP co-founder Peter Peterson, and former Comptroller General David Walker were […]
WASHINGTON, Aug 21 (Reuters) – High-tech firm Avago Technologies Ltd plans to issue an initial public offering of up to $400 million in ordinary shares, according to a filing with the Securities and Exchange Commission on Thursday. Singapore-based Avago’s website says it makes fiber optic transceivers and optical and laser mouse sensors, among other products. […]