Future Capital Partners, the GBP6n alternative investment boutique, is hosting a 12 date roadshow for its newly launched renewable transport fuel investment product, Future Fuels.
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Future Capital to host roadshow for green investment
AVEO Pharma Prices IPO
AVEO Pharmaceuticals Inc., a Cambridge, Mass.-based oncology drug company, raised around $81 million via its IPO. The company priced nine million shares at $9 per share, compared to plans to sell seven million shares at between $13 and $15 per share.
The company will trade on the Nasdaq under ticker symbol AVEO, while J.P. Morgan and Morgan Stanley served as co-lead underwriters.
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Sino Latin Capital to manage RMB private equity funds
The Shanghai-Pudong government has granted SinoLatin Capital the approval to raise and manage RMB-denominated private equity funds.
Read more »Oaktree to Take Over Almatis
Oaktree Capital Partners is preparing to take over Almatis, an alumina company based in Frankfurt, from Dubai International Capital in a debt for equity exchange worth $1 billion, Bloomberg reported. The plan will cut the company’s debt to $420 million. http://www.almatis.com/
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CA Buying Nimsoft for $350 Million
CA Inc. has agreed to acquire Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, for $350 million in cash. NimSoft had raised $22.3 million over two rounds of VC funding, from Goldman Sachs, JMI Equity and Northzone Ventures.
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Johan Brenner Joins Creandum
Johan Brenner has joined Swedish venture capital firm Creandum. He previously spent four years as a partner with Baldterton Capital.
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Creandum, a venture and growth capital firm investing in the Nordic region, has joined forces with Johan Brenner in its ambition towards building the leading Nordic venture capital firm.
Read more »Apprion Raises $8 Million
Apprion, a Moffett Field, Calif.-based provider of application network systems designed for the process manufacturing industry, has raised $8 million in Series C funding. Return backers included Allegis Capital, Motorola Ventures, CTTV Investments and Anvil Investment Associates. The company previously raised around $23.5 million.
around $4 million in new funding from Motorola Ventures. It had previously raised $19.5 million over two rounds from Anvil Investment Associates, CTTV Investments, Advanced Technology Ventures and Allegis Capital.
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LivingSocial Raises $25 Million
LivingSocial.com, a Washington, D.C.-based social discovery and cataloging network, has raised $25 million in Series B funding. U.S. Venture Partners led the round, and was joined by return backers Grotech Ventures and Steve Case’s Revolution LLC. The company previously raised a $5 million Series A round.
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Veryan Holdings Raises £3.6 Million
Veryan Holdings Ltd., a UK-based developer of vasculat stent technology, has raised £3.6 million in new VC funding. Seroba Kernal led the round, and was joined by return backers Imperial Innovations, Oxford Capital Partners and NESTA.
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First Data CEO Steps Down, Joining KKR
Michael Capellas has stepped down as CEO of First Data Corp., in order to become a tech-focused senior advisor at KKR. First Data board member Joe Forehand, former chairman and CEO of Accenture, will take over as chairman and interim CEO. First Data is a KKR portfolio company, and Forehand is a KKR senior advisor.
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