Joseph Shepard has been named director of the Small Business Administration's investment office. He previously was a managing director of Archway Capital Management and, before that, was a vice president of Banc One Capital Markets and its SBIC fund. www.sba.gov/inv
CVI Melles Griot, a portfolio company of Norwest Equity Partners, has acquired Coherent Imaging Optics Ltd., a maker of optical components critical to the performance of thermal imaging systems. No financial terms were disclosed.
NEW YORK (AP) – Wind turbine maker Nordic Windpower Ltd. said Monday investment bank Goldman Sachs Group Inc. has made “a significant investment” in the company. Nordic said the infusion will help the company meet growing turbine demand as it prepares to begin U.S. production. Terms of the deal were not disclosed. The privately held […]
Bay Partners and Bessemer Venture Partners have launched a program to fund companies building applications on salesforce.com's Force.com platform. It plans to invest around $25 million over the next three years, with minimum infusions of $500,000. www.baypartners.com www.bvp.com
Sunrock Ventures is raising $100 million for its inaugural fund, which will focus on venture capital opportunities in the Southeastern U.S. It has offices in Miami and Tampa, Fla., and is managed by general partners Tate Garrett (formerly with Advantage Capital Partners), Matthew Shaw (Crossbow Ventures) and Jeffrey Wolf (Seed-One Ventures). www.sunrockventures.com
Thomas Weisel Partners has agreed to acquire Westwind Partners, an independent I-bank focused on the energy and mining sectors. www.tweisel.com
Yes Bank of India plans to launch four private equity funds within the next two years, according to Reuters. The initiative will include an infrastructure fund ($550m-$750m), a real estate fund ($250m-$350m), a distressed asset fund ($250m-$350m) and a fund for socially-responsible investments ($150m). www.yesbank.in
General Atlantic has promoted four professionals to managing director: Raul Rai and Sunish Sharma in Mumbai, Oliver Thum in D
Gary Matthews has joined Morgan Stanley Private Equity as a managing director and operating partner. He is a longtime executive with such companies as Simmons Bedding Co., Sleep Innovations, Bristol-Myers Squibb and Derby Cycle Corp. www.morganstanley.com
Brian Siebenburgen has joined Marlin & Associates. He previously was with the financial due diligence group of PricewaterhouseCoopers. www.marlinandassociates.com