Rachel McGovern
The mobile advertising delivery company has signed a secured $10 million loan.
The British M&A advisory firm has also hired three new corporate finance executives.
The more than 20 year old asset manager will be administered by BNY Mellon’s Europe-based Insight Investment.
The UK-focused fund is supporting Melford Capital Partners’ Cambridge hotel expansion.
Yesterday, the president of the European Central Bank (ECB), Mario Draghi, released limited information on its planned asset buying programme. The news is broadly positive for the private debt markets, it could create an opportunity for substantial expansion by well positioned private lenders.
.jpg "Galena closes $400m debt and equity M&M fund")
The fund will leverage its relationship with Trafigura to invest in small- and medium-sized miners.
ACME has produced a detailed report on leveraged finance in the second quarter confirming the dramatically increased issuance volume.
After the Fukushima disaster in March 2011, the Japanese authorities made a deliberate push to increase power production from renewables, in particular wind, solar and geothermal. Before the incident Japanese electricity generation consisted of 29 percent from nuclear, 25 percent coal, 28 percent LNG, 8 percent oil and 10 percent from renewables. The aim became to increase the renewables share of production to 20 percent by 2020, as announced by the Japanese Prime Minister in May 2011.
PDI asks Piramal’s Jayesh Desai about his firm’s $1.5 billion tieups with institutional investors APG and CPPIB this year and how he perceives the Indian market at present.
The learning disability care homes business has been bought by Montreux Healthcare Fund.