Dave Keating

The New York-based firm has made another investment in the fraud and compliance sector with Daylight Forensic & Advisory.

The firm, formerly known as Hicks Muse Tate & Furst, has joined with local investors to buy the Time Leader of Wilkes-Barre, Pennsylvania.

The Greenwich, Connecticut-based firm’s sixth fund brings its total capital under management to $2 billion.

The private equity consortium competing with Televisa to acquire the company has abandoned its effort, purportedly because of a dispute over how much to bid.

Federated Department Stores will sell the chain to NRDC Equity Partners, a partnership between Apollo and National Realty & Development Corp.

The Boston firm has sold Colorado-based cleaning equipment manufacturer Castle Rock Industries for $88 million.

Recent moves by the Chinese government on intellectual property rights and consumer spending have encouraged venture investors to dive into China’s software and internet sector. Dave Keating reports.

Amp Resources, a portfolio company of Highland Capital Partners, has terminated an agreed-upon acquisition by Raser Technologies, but Raser is fighting to stay in the game.

IntrinsiQ, a maker of medical oncology care software, will be the first investment for Accel-KKR in the healthcare information technology sector.

The San Francisco-based firm has attracted the nation’s five largest endowments to its second institutional fund.