Mar 13, 2013 | Africa, Central & Eastern Europe, News, Russia
JOHANNESBURG/MOSCOW, March 12 (Reuters) – South African media and e-commerce firm Naspers Ltd bought an 18.6 percent stake in Russian internet rival Avito Holdings with an agreed merger of their local classified businesses and $50 million in cash. Naspers...
Mar 13, 2013 | News, North America
March 6 (Reuters) – Nasdaq OMX Group Inc will form a marketplace for trading in shares of unlisted companies in a joint venture with small trading platform SharesPost Inc, tapping into increasing investor interest in private firms. The new venture, Nasdaq...
Mar 13, 2013 | Global, News, North America
March 13 Reuters) – TPG Capital Management LP is planning to launch its first real estate fund with a target of at least $1 billion, the Wall Street Journal reported, as the private equity firm looks to join its rivals in pursuing real estate deals. The company...
Mar 13, 2013 | News, North America
March 13 (Reuters) – Carlyle Group LP will now allow people to invest as little as $50,000 in its new buyout fund, a regulatory filing showed, as private equity firms look to widen their customer base in search of new sources of funding. The lowered entry point...
Mar 13, 2013 | East Asia, News
Reuters) – State-backed lender Development Bank of Japan launched on Tuesday a 150 billion yen ($1.56 billion) fund to invest in domestic companies. The fund, which could double in size, is aimed at boosting the competitiveness of Japanese industries, the bank...
Mar 13, 2013 | Central & Eastern Europe, News, Russia
IQcard, a Moscow-based startup offering multifunction bank cards, has completed a Series A round of “more than $2.5 million” from Paradigm Investments and TA Venture, as well as from existing investors Fastlane Ventures and Direct Group. Neither the exact...
