Climpact, a France-based provider of climate risk management services, has raised EUR 1 million in Series A funding from Elaia Partners. www.climpact.com
GTCR has agreed to sell its large minority stake in netASPx, a Herndon, Va.-based provider of applications management services, to NaviSite Inc. (Nasdaq: NAVI). The deal is valued at $40.5 million, including $15.5 million in cash and $25 million in convertible preferred stock. GTCR had invested around $100 million. www.netaspx.com
Moneygram International Inc. (NYSE: MGI) has agreed to acquire PropertyBridge Inc., an Oakland-based provider of electronic payment processing services for the real estate management industry. No financial terms were disclosed. PropertyBridge had raised around $2 million in a 2006 venture round led by Claremont Creek Ventures. www.moneygram.com www.propertybridge.com
La-Z-Boy Inc. (NYSE: LZB) has agreed to sell its Clayton Marcus subsidiary to Rowe Fine Furniture Inc., a portfolio company of Sun Capital Partners. No financial terms were disclosed. Clayton Marcus is a Hickory, N.C.-based maker of mid-to-high priced upholstered furniture. www.claytonmarcus.com
Apollo Investment Corp. (Nasdaq: AINV) raised $260 million via a secondary public offering of 13 million common shares at $20 per share. www.apolloic.com
CDC Group has committed $70 million to Navis Asia Fund V, and $10 million to Aureos Malaysia Fund. www.cdcgroup.com
White & Black Legal LLP has launched as an Oxford, UK-based firm focused on corporate finance, venture capital and technology law. Its managing partner is Phil Riman, who previously was lead council at 3i Group. www.wablegal.com
Craig Jarchow has joined Pine Brook Road Partners as a managing director. He previously was a director with First Reserve Corp. and, before that, was with Apache Corp. (NYSE: APA). www.pinebrookpartners.com
Carty Chock has joined Arsenal Capital Partners as a principal. Chock was previously with JPMorgan Partners, where he focused on the financial services sector. www.arsenalcapital.com
LDR, an Austin, Texas-based developer of spinal implants for both non-fusion and fusion applications, has raised $25 million in Series C funding. Telegraph Hill Partners led the round, and was joined by return backers Austin Ventures, Rothschild Private Equity and PTV Sciences. www.ldrspine.com