Suzanne Weinstock
Former American Express and Digital Insight top gun Jeffrrey Stiefler has joined the San Mateo-based technology investor as venture partner.
Citigroup’s debut infrastructure fund, targeting $5bn, has made its second investment in airport development company Vancouver Airport Services. It is acquiring 50 percent of a subsidiary of Vancouver Airport Authority.
Former Time editor-in-chief Norman Pearlstine, who joined Carlyle in 2006 to advise on media deals, has left the private equity firm to scout growth opportunities for Bloomberg news.
The oversubscribed fund will deploy ‘substantial capital in China, India and Israel’ while maintaining the firm’s US focus.
Research in Motion, RBC and Thomson Reuters have an answer to the recently launched $100m iFund, managed by Kleiner Perkins. The Blackberry fund will be taking an opportunistic approach.
The first publicly listed private equity firm in Latin America has purchased a 20 percent stake in Brazil’s largest post-secondary education institution, Estacio Participacoes.
Noble Environmental Power, a JPMorgan Partners and Canada Pension Plan Investment Board portfolio company, has filed for a $375m initial public offering on the Nasdaq.
The private equity firm’s Latin America Infrastructure Fund has now fully exited Mexican telecom start-up Axtel, following the company’s $345m 2005 IPO.
The US venture capital association has teamed with a non-profit founded by Kleiner Perkins partners to invest between $10 million and $20 million in bettering the US education system’s quality of human capital.
The global private energy specialist has broadened its investment scope with a $300m biofuel investment, as it considers increasing its attention to renewables.