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Broadway Partners of New York has closed its latest private equity real estate fund with $590 million in capital commitments. The fund will focus on the North American office sector. www.bwaypartners.com
Audrey Klein has agreed to join Park Hill Real Estate Group, an affiliate of The Blackstone Group, as a London-based partner and head of European operations. She previously was a director with Caskar Partners, and plans to continue services Caskar clients through 2007. www.blackstone.com
Patronus Capital Advisors as a Chatham, N.J.-based boutique private equity advisory and fund placement firm. It is being run by Paul Delaney, founder of the Bear Stearns Private Funds Group who previously spent 20 years with MetLife. www.patronuscap.com
NeoVista Inc., a Fremont, Calif.-based ophthalmic device company focused on the treatment of age-related macular degeneration, has raised $41 million in Series C funding. Essex Woodlands Health Ventures led the deal, and was joined by MPM Capital and return backers Versant Ventures, SV Life Sciences, The Carlyle Group and Accuitive Medical Ventures. www.neovistainc.com
HydroCision Inc., a Billerica, Mass.-based developer of fluid-based tools for spinal surgery, has raised $12.7 million in new VC funding. Triathlon Medical Ventures led the deal, and was joined by return backers Oxford Bioscience Partners and Zero Stage Capital. www.hydrocision.com
Move Networks Inc., an American Fork, Utah-based provider of video-over-IP solutions, has secured $11.3 million of a $12.17 million Series B round, according to a regulatory filing. Backers include Hummer Winblad Venture Partners and Steamboat Ventures. www.movenetworks.com
Crescendo Networks Ltd., an Or-Yehuda, Israel-based provider of application acceleration solutions, has raised $10 million. Evergreen Venture Partners led the deal, and was joined by return backers Apax Partners, StageOne Ventures, Magnum Communications Fund and Convergent Venture Capital. www.crescendonetworks.com
Xenon Pharmaceuticals of Vancouver has received Cnd$7 million in strategic funding from Roche, as part of a larger research and licensing agreement for protein-based inhibitors of hemojuvelin. www.xenon-pharma.com
Flying Fish Creative Services Inc., a Baton Rouge, La.-based provider of e-learning training programs focused on courseware management, has raised $2.4 million in venture funding from Enhanced Capital Partners, Advantage Capital Partners, the Louisiana Technology Fund and Louisiana Fund I.
Heely's Inc., a Carrollton, Texas-based maker of youth footwear with a removable wheel in the heel, priced around 6.43 million common shares at $21 per share ($16-$18 forecast), for an IPO take of nearly $135 million. It will trade on the Nasdaq under ticker symbol HLYS, while Bear Stearns and Wachovia served as co-lead underwriters. […]
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