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Iceland

Private equity and venture capital news from Iceland

LA private equity firm Yucaipa ensures Eimskip stays afloat PDF Print E-mail
18 Aug 2009. Source: AltAssets
Yucaipa, a Los Angeles-based private equity house, has agreed to take over Icelandic shipping group Eimskip’s €120m secured credit facility from Dutch lender ABN Amro, as part of a major restructure, according to the Financial Times.
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Icelandic artist Björk teams up with Audur Capital to launch venture capital fund PDF Print E-mail
06 Jan 2009. Source: AltAssets.
Björk is following in Bono's footsteps by entering the world of investment in private companies. Together with Icelandic venture capital firm Audur Capital, Björk is raising capital for the venture capital fund with her name: BJÖRK.
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IFC InfraVentures makes first investment PDF Print E-mail
01 Jul 2008. Source: AltAssets.
IFC, a member of the World Bank Group, and Reykjavik Energy Invest have agreed to jointly explore and subsequently develop geothermal resources in Djibouti. This is going to be the first investment from the $100m IFC InfraVentures fund, which was established to support the development of infrastructure in the world's poorest countries. The Djibouti project is located in the geothermal area of Lake Assal in Africa.
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