Advanced Accelerator Applications goes public

By Iris Dorbian — 3 months ago

Advanced Accelerator Applications, a French company that specializes in molecular nuclear medicine, has debuted its IPO after pricing its over 4.6 million shares at $16 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol “AAAP. Citigroup Global Markets Inc and Jefferies LLC are the lead underwriters. The company’s backers include HBM Healthcare Investments.

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VC-backed Kura Oncology goes public

By Iris Dorbian — 3 months ago

La Jolla, California-based Kura Oncology Inc, a biopharmaceutical company focused on treating solid tumors and blood cancers, has raised $50 million for its IPO after pricing its 6.25 million shares at $8 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “KURA.” Citigroup and Leerink Partners are serving as lead […]

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VC-backed Aclaris goes public

By Iris Dorbian — 4 months ago

Malvern, Pennsylvania-based Aclaris Therapeutics, a dermatology-focused specialty pharmaceutical company, has raised $55 million for its IPO after pricing its 5 million shares at $11 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol “ACRS.” Jefferies LLC and Citigroup Global Markets Inc are serving as the lead underwriters. Aclaris is backed by Vivo Ventures, Fidelity Biosciences and Sofinnova Ventures

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VC-backed Mirna Therapeutics debuts IPO

By Iris Dorbian — 4 months ago

Austin, Texas-based Mirna Therapeutics Inc, a biopharmaceutical company focused on developing cancer-treating drugs, has raised almost $44 million for its IPO after pricing its 6.25 million shares at $7 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “MIRN.” Citigroup and Leerink Partners are the lead underwriters. Mirna’s backers included Sofinnova Ventures, New Enterprise Associates, Pfizer Ventures, Osage University Partners and Correlation Ventures.

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Element Partners-backed AquaVenture Holdings files for IPO

By Iris Dorbian — 4 months ago

Tampa-based water purification solutions provider AquaVenture Holdings LLC has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The company plans on trading the stock on the New York Stock Exchange under the ticker symbol “WAAS.” Citigroup, Deutsche Bank Securities and RBC Capital Markets are serving as the lead underwriters. AquaVenture’s backers include Element Partners.

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Medow joins Lazard

By Luisa Beltran — 6 months ago

Lazard Ltd. said Thursday that Eric Medow will join the firm as a Managing Director and Co-Head of Global Technology, Media and Telecommunications, Financial Advisory, effective immediately. Medow joins Lazard from Citigroup, where he served as Head of the Global Telecommunications Group since 2011 and as Co-Head of the North American Communications Group since 2005.

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Sumitomo Mitsui Banking to buy GE’s European Sponsor Finance for $2.2 bln

By Luisa Beltran — 7 months ago

GE said Tuesday that it has agreed to sell its European Sponsor Finance business to Sumitomo Mitsui Banking Corp. Europe Ltd., a  subsidiary of Sumitomo Mitsui Banking Corp., for about $2.2 billion. The GE business provides sponsor finance for European mid-market private equity deals. GE Capital is keeping its $1 billion investment in the European Senior Secured Loan Programme and European Loan Programme, both joint ventures between GE Capital and Ares Capital. The deal is expected to close in third quarter. Bank of America Merrill Lynch and Citigroup Global Markets advised GE.

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Fortress-owned FTAI debuts IPO

By Iris Dorbian — 9 months ago

Fortress Transportation and Infrastructure Investors LLC, which owns and acquires transportation-related infrastructure and equipment, has raised $34 million for its IPO after pricing its 20 million shares at $17 per share. The stock began trading Friday on the NYSE under the ticker symbol “FTAI.” Citigroup Global Markets Inc., BofA Merrill Lynch, Barclays Capital Inc, Deutsche Bank Securities Inc and UBS Securities LLC are the lead underwriters. FTAI is owned by Fortress Investment Group.

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PeerIQ expands team with new addition

By Iris Dorbian — 9 months ago

New York City-based financial information services company PeerIQ has hired Deepak Agnani as head of financial products. Previously, Agnani worked at Markit where he served as head of U.S. indices. PeerIQ is backed by Uprising; John Mack, former chairman and CEO of Morgan Stanley; Vikram Pandit, former Citigroup CEO; Arthur Levitt, former SEC chairman; and Eric Schwartz, former co-CEO of Goldman Sachs Asset Management.

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