Blackstone TacOpps invests in Stornoway Diamond Corp

Blackstone Tactical Opportunities has acquired a significant equity position in Stornoway Diamond Corp, and a minority ownership interest in the Renard diamond stream through a secondary market transaction with Orion Mine Finance. Stornoway agreed to sell a 20 percent interest in diamonds produced from the Renard Diamond Project for an upfront payment of $250 million. Orion remains majority owner of the Renard stream interest and the second largest shareholder with a 20 percent stake in Stornoway’s issued and outstanding common shares.

Hua, CITIC, GoldStone agree to buy OmniVision for $1.9 bln

A consortium of Hua Capital Management Co., CITIC Capital Holdings and GoldStone Investment Co. has agreed to acquire OmniVision Technologies, Inc, a developer of digital imaging products, for $1.9 billion. The agreement was unanimously approved by OmniVision’s board.

Fortissimo Capital closes Fund IV on $470 mln

Fortissimo Capital Fund has closed its fourth fund on $470 million for special situations and growth capital investments in Israeli-related maturing technology and industrial companies. Fortissimo raised capital from institutional investors in the U.S., Europe and Israel.


Anacap agrees to buy Polish bank

AnaCap Financial Partners has agreed to acquire FM Bank PBP, a Polish financial institution. Completion of the deal is subject to approval by the Polish banking sector regulator, KNF. The acquisition will be AnaCap’s fourth in the banking sector.

CapitalSouth Growth invests $4.7 mln in S&S Management

CapitalSouth Growth Fund invested $4.7 million in S&S Management Group, based in Morehead City, North Carolina. CapitalSouth invested in a combination of secured debt and preferred equity. The investment will be used to support S&S Management’s next phase of growth.


peHUB First Read

To open your Friday, First Read has news labor is starting to gain on capital, a woman-led law firm lets partners be parents and Grooveshark gives up.


peHUB Second Opinion

To close out your Thursday, Second Opinion brings you news Microsoft won a patent for goggles that can detect feelings, another big tobacco bond deal, Cajun style and leaked Lyft docs show costly battle with Uber.


Riverside Company adds-on C-Learning

The Riverside Company has added-on e-learning course developer C-Learning to its platform company Learning Seat. The investment will provide new technical capabilities, content development expertise and customers to Learning Seat, which provides online courses, training tools and other resources.


Steve Cohen’s family office, Point72, hires Michael Zea

Steve Cohen’s family office, Point72 Asset Management, has hired Michael Zea as chief of strategy. Zea will lead Point72’s exploration of new investment areas for deploying the family office’s surplus capital. Prior to Point72, Zea worked as executive vice president at Aimia Inc, a data-driven marketing analytics company. Prior to Aimia, he was a partner at McKinsey & Co.


ORIX USA hires Prospect Capital exec on leveraged finance team

ORIX USA has hired Ben Harris as a director focused on business development on the leveraged finance team. Prior to ORIX USA, Harris worked at Prospect Capital and before that, worked in the sponsor finance unit of Bank of America Merrill Lynch and Arcapita’s private equity group.


Blue Point Capital hires Red Ventures exec as principal

Blue Point Capital Partners has hired Brian Castleberry as a principal in the Charlotte office. He was most recently a vice president at Red Ventures. He previously worked as a vice president at Blue Point. The firm also promoted Jeff Robich and Ben Newman to vice president roles.

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