Budget Capital listing Frontiers Capital, a UK private equity firm specialising in the telecoms and technology sectors, has listed portfolio company Budget Telecom on Alternext. The French low cost telephone and internet provider listed with a share price of €9.90 and a market capitalisation €35m. The IPO raised €8.8m, €7m for new equity capital. Frontiers […]
Biovitrum has listed on the Stockholm Stock Exchange
With an eye at advancing society, Provenance Ventures launched a $10 million inaugural fund in August to invest in early stage media and communications companies. The Los Angeles-based firm says that it invests in innovative companies that leverage social technologies to advance society. Provenance Ventures founder and Managing Director Bryan Biniak is credited for his […]
Private equity attorney Rob Fogler and Rwandan-born entrepreneur Antoine Bigirimana have made their first investment in Rwanda. Last year, the two Denver-based financiers raised $500,000 for Thousand Hills Venture Fund. In August, the pair announced that their first investment is in a company called Rocket 2020, which provides rural business owners access to FedEx-like services […]
Charlemagne raises €30m for its unique offering
Industri Kapital sold Danish electrical goods retailer - F Group
The Polish private equity firm sold its interest in loan broker Dom Finansowy
Ex-Biofocus CEO heads new company
Pensions: CalPERS, CalSTRS PE Return: CalPERS: 19.2%; CalSTRS: 32% Assets: CalPERS: $208 billion; CalSTRS: 142.7 billion Return on investment is up at one giant California pension fund, but it’s down at another. The California Public Employees’ Retirement System earned 12.3% on its investments over the last year, down slightly from the 12.7% it earned during […]