{"id":23089,"date":"2011-06-17T07:18:13","date_gmt":"2011-06-17T11:18:13","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=23089"},"modified":"2011-06-17T07:18:13","modified_gmt":"2011-06-17T11:18:13","slug":"hedge-fund-mergers-and-acquisitions-vector-rae-citc-ing-capital-one","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2011\/hedge-fund-mergers-and-acquisitions-vector-rae-citc-ing-capital-one.html","title":{"rendered":"Hedge Fund Mergers and Acquisitions: Vector, RAE, CITC, ING, Capital One"},"content":{"rendered":"

\"\"<\/a>New York (HedgeCo.net) – Vector Capital, a global private equity firm specializing in the technology sector, has completed its acquisition of RAE Systems, Inc. a transaction valued at approximately $138 million. In connection with the transaction, Vector partnered with $2.2 billion China-based hedge fund manager and adviser CITIC Capital Partners.<\/p>\n

“We are extremely excited to partner with RAE Systems.” David Fishman, a Partner at Vector Capital who will join RAE Systems’ Board of Directors, said “RAE’s solid technology foundation, featuring a suite of highly differentiated chemical and radiation detection systems, is a strong addition to the Vector investment portfolio.”<\/p>\n

“Vector shares RAE’s vision to develop and market advanced intelligent, connected, wireless gas and radiation detection solutions,” continued Andy Fishman, a Principal at Vector Capital who will also join RAE Systems’ Board. “We believe this shared vision coupled with RAE’s well-developed customer relationships and talented employee base will enable the company to continue to provide superior products and service to its customers worldwide.”<\/p>\n

Also in mergers and acquisitions today, the 8th largest bank in the United States, Capital One Financial Corporation, with $199.3 billion in assets, has entered into an agreement to acquire ING Direct from ING Group in a stock and cash transaction valued at $9.0 billion.<\/p>\n

Alex Akesson
Editor for HedgeCo.net<\/a>
\nalex@hedgeco.net<\/a>
\nHedgeCo.Net<\/a> is a premier hedge fund database<\/a> and community for qualified and accredited investors only. Membership in HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

New York (HedgeCo.net) – Vector Capital, a global private equity firm specializing in the technology sector, has completed its acquisition of RAE Systems, Inc. a transaction valued at approximately $138 million. In connection with the transaction, Vector partnered with $2.2 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-23089","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=23089"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23089\/revisions"}],"predecessor-version":[{"id":23092,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/23089\/revisions\/23092"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=23089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=23089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=23089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}