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News Briefs

Saudi International Petrochemical Co. (Sipchem), a Saudi Arabia-based diversified petrochemicals company, has completed an IPO on the Saudi Tadawul stock exchange. The company had raised $85 million from the IDB Infrastructure Fund, with is managed by EMP Global. www.empglobal.com
Paul Stewart, a principal of private equity firm PS Capital Partners, has been elected to a one-year term as chairman of the Association for Corporate Growth (ACG). He succeeds Patrick Hurley, managing director of MidMarket Capital Advisors. www.acg.org
GSC Acquisition Co., a Florham Park, N.J.-based blank check acquisition company formed by the senior management of GSC Partners (f.k.a. Greenwich Street Capital Partners), has filed for a $175 million IPO. It plans to trade on the AMEX, with Citigroup serving as lead underwriter. www.gscpartners.com
Mark Kenderdine-Davies has been named general counsel and chief compliance officer of CDC Group PLC, a UK government-backed private equity fund-of-funds focused on the emerging markets. He previously served as legal counsel with Gartmore Investment Management. www.cdcgroup.com
This week's IPO calendar includes expected pricings from Spirit Aerosystems Holdings Inc., Aercap Holdings NV and NACG Holdings Inc.
YouSendIt Inc., a Mountain View, Calif.-based provider of online file delivery solutions, has raised $4.7 million in Series A-2 funding. Return backers include Alloy Ventures, Cambrian Fund and Sevin Rosen Funds. www.yousendit.com
Clearview Capital has added three professionals: Paul Caliento as a principal, who previously was with auditing and consulting firm Flackman, Goodman & Potter; Brad Simpson as controller, who previously was with Palmeri Fund Administrators and; Amanda Birnbaum as director of marketing, who previously was director of graphic design for Not Traditional Media Inc. Clearview also […]
Dayna Grayson has joined North Bridge Venture Partners as a principal. She previously led new product development efforts at Blackbaud (Nasdaq: BLKB), a provider of software to nonprofit organizations. www.nbvp.com
Roger Hurwitz has left Apax Partners, where he was a partner focused on the enterprise software and technology-enabled services spaces. He joined the firm in 1999, before which he had been a vice president with GE Equity. No word yet on his future plans. www.apax.com
Yahoo Inc. (Nasdaq: YHOO) has agreed to buy Bix.com, a Palo Alto, Calif.-based provider of online contests. No financial terms were disclosed. Bix was founded earlier this year as 900 Seconds, and raised around $6.75 million in funding from Sutter Hill Ventures, Trinity Ventures and Stanford University. www.yahoo.com www.bix.com  
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