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Top 10 Venture Exits In New York; Who’s No. 1?

By Mark Boslet

Posted on: May 21, 2013

Yahoo’s $1.1 billion purchase of blogging site Tumblr is the largest exit of a pre-public venture-backed New York-based company in the city’s history, according to CB Insights.


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New Mountain Loses Managing Director Alok Singh

By Luisa Beltran

Posted on: May 21, 2013

Alok Singh, a long-standing executive of New Mountain Capital, has left the private equity firm, which is currently raising its fourth fund.


Apple Operations International, a subsidiary of Apple Inc, is seen in Hollyhill, Cork, in the south of Ireland

peHUB Second Opinion 5.21

By Connie Loizos

Posted on: May 21, 2013

Ireland to everyone: Hey, don’t blame us for Apple’s low tax rate. Vine is the latest social media concern for employers. San Francisco gets the Super Bowl in 2016. And so much more!


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Solamere Capital, Romneys’ PE Firm, Launches Fund II

By gregroth

Posted on: May 21, 2013

Solamere Capital, the private equity fund-of-funds and co-investment firm co-founded by Mitt Romney’s eldest son, Taggart Romney, has begun raising its second vehicle, Solamere Capital Fund II LP, according to a government filing…


Now Open

A Longtime TCV Partner Resurfaces with a New Fund: Iconiq Strategic Partners

By Connie Loizos

Posted on: May 21, 2013

Will Griffith, a venture capitalist who spent a dozen years with Technology Crossover Ventures, is raising a fund for a firm called Iconiq Strategic Partners.


Marissa Mayer by Adrees Latif of Reuters

What Does Yahoo’s Tumblr Deal Mean for Pinterest?

By Connie Loizos

Posted on: May 21, 2013

Since Yahoo announced it was acquiring Tumblr, venture capitalists have probably pondered how the deal impacts the value of their stakes in still-private social networks like Pinterest. The early consensus is that it’s good news, indeed.


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Jobs of the Week: Goldman, Strategic Investment Solutions, Microsoft and Thomvest Ventures Hiring

By asormani

Posted on: May 21, 2013

The job’s board this week features an associate position at Goldman Sachs; a private markets consultant post at Strategic Investment Solutions; a Silicon Valley portfolio manager at Microsoft and a financial analyst position at ThomVest Ventures.


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Moore Capital Founder To Anchor $750M Senior Loan Fund

By Steve Bills

Posted on: May 21, 2013

Billionaire hedge fund manager Louis Bacon is placing a big bet on mid-market lending by backing a new firm that is seeking to raise a $750 million debt fund aiming at the lower end of the middle market, two sources told sister magazine Buyouts.


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Venture-Backed IPOs Show Spirited Performance This Year

By Mark Boslet

Posted on: May 21, 2013

PeHUB took a look at this year’s 18 venture-backed IPOs to see where the action has been. Its analysis shows that companies trading above their IPO price greatly outnumber those that have sunk below it. The score is 12 above to six below.


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peHUB First Read

By asormani

Posted on: May 21, 2013

This Tuesday morning First Read brings you five traits to look for in start-up employees; an insight into the success of sovereign wealth funds and a musing on the rarity of mergers among start-ups and VCs.


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Forget Midas; What We Really Need Is a Mygdon List

By Mahendra Ramsinghani

Posted on: May 20, 2013

The problem with the Midas List is that it focuses on individuals when venture capital is a team sport; it’s like giving a medal only to the member of a relay team who crosses the finish line, says guest columnist Mahendra Ramsinghani.


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Olympus Partners Hits $1.7B First Close, Fundraising Delayed by Extra-Cautious Munis

By Luisa Beltran

Posted on: May 20, 2013

Olympus Partners has hit a first close of more than $1.7 billion for its sixth fund and expects to hold a final close on $2.5 billion by the end of next month, a source tells peHUB.