judge

Judge to consider dismissing buyout lawsuit against GTCR

A U.S. District Court judge is scheduled next month to consider dismissing a suit filed against GTCR by Universal American Corporation for allegedly providing misleading information about the financial condition of APS Healthcare prior to its agreeing to buy the company from GTCR.

fundclose

Bain Capital raises $7.3 bln for Fund XI: Reuters

Bain Capital LLC has raised $7.3 billion from investors and its dealmakers for its next flagship fund, people familiar with the matter said on Thursday, underscoring the favorable fundraising environment for established private equity firms.

darkweb

peHUB First Read

Today, First Read would like you to know that Yahoo wants to become Apple’s default search engine, Yahoo’s former COO left after only 15 months with a severance package worth $58 mln, a Tokyo court rejected bitcoin exchange Mt. Gox’s bankruptcy plan and a new browser for the dark web that makes it easier to find illegal stuff.

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peHUB Second Opinion

In Second Opinion, Google’s first quarter revenue misses, a young VC thinks Fred Wilson is wrong about young VCs, Kim Dotcom may get his assets back and a study finds that a person’s Facebook profile is a significant predictor of job performance.

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