Antfactory raises funds from U.S., European investors; blue chip corporate partners produce $150 million

Article Abstract:

The article discusses how Antfactory has raised $150 million (Euro159.4 million) in new financing from investors in the U.S. and Europe. Investors include Allianz AG, CVC Capital Partners, and others. The funding will help antfactory with its strategy of building up New Economy businesses by working closely with traditional companies.

Europe, Insurance, Insurance Carriers and Related Activities, Telegraph & other communications, Specialized Telecom Services, Wired Telecommunications Carriers, INSURANCE CARRIERS, Insurance industry, Brief Article, Securities, Allianz Aktiengesellschaft Holding, AntFactory, CVC Capital Partners Europe Ltd

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Europatweb, Dexia increase investment in online Zebank

Article Abstract:

Europatweb and Dexia bank have invested an additional 65 million euros into Zebank, the first online bank in France. The new funding is intended to give Zebank additional resources to expand.

Commercial Banks, Commercial Banking, France, Receipt of funds, All Other Information Services, Functions related to deposit banking, Home Banking Service, Banking industry, Bank investments, Home banking, Europatweb, Dexia, Zebank

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Private equity cozies up further to hedge funds

Article Abstract:

Summit Partners is to acquire a one-third stake in Coast Asset Management L.L.C. in a deal worth $127 million. The investment is an act of trust that the growth in the hedge funds sector will continue and also interprets the hedge fund industry and private equity business as moving closer.

United States, Financial management, Management investment, open-end, Finance, Company investment, Mutual fund industry, Company Profile, Company financing, Summit Partners

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