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More than $100B Trapped in 'Zombie' PE Funds - Report

(Reuters) – Private equity firms are sitting on $116 billion of assets trapped in so-called zombie funds that lie dormant

Author : reuters-news

Madrona Venture Group Announces Promotion

Madrona Venture Group, a Seattle-based early-stage venture capital firm, said on Thursday that it has promoted Julie Sandler to principal.

Author : idorbian

NVCA Names New President/CEO

The National Venture Capital Association said on Tuesday that Bobby Franklin will become its next president and CEO starting in

Author : idorbian

GutCheck Raises $4 Mln

GutCheck has completed a $4 million Series B equity financing. This financing includes new investors, Grotech Ventures and Crawley Ventures,

Author : lbeltran

Disconnect Raises $3.5 Mln in Series A Financing

Disconnect said today that it has received $3.5 million in Series A funding. The lead investor was FirstMark Capital. Based

Author : idorbian

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  • Profile picture of Iris Dorbian

    Iris Dorbian wrote a new post, Intercom Receives $6 Mln in Series A Funding 4 minutes ago

    Intercom has raised $6 million in Series A funding. The lead investor was The Social+Capital Partnership. Freestyle Capital and David Sacks, founder and CEO of Yammer, also participated in the round. Headquartered […]

  • Profile picture of Iris Dorbian

    Iris Dorbian wrote a new post, General Wesley Clark and Lars Thunell to Join Blackstone-Backed Fisterra Energy Board 30 minutes ago

    Blackstone and its portfolio company, Fisterra Energy, said on Wednesday that General Wesley Clark, former NATO Supreme Allied Commander in Europe, and Lars Thunell, former International Finance Corporation CEO, […]

  • Profile picture of Iris Dorbian

    Iris Dorbian wrote a new post, EMag Solutions Adds New Hire to New York Sales Team 47 minutes ago

    EMag Solutions, LLC, a portfolio company of Patriarch Partners, said on Wednesday that it has named Carmen Corcoran as a senior ESI consultant to its New York sales team. Prior to her current position, Corcoran […]

  • Profile picture of Reuters News

    Reuters News wrote a new post, KKR Among Bidders for Saudi Fast Food Chain: Sources 52 minutes ago

    A majority stake in Saudi fast food chain Kudu has been put up for sale and private equity firm KKR is among the bidders, sources told Reuters.

    (Reuters) – A majority stake in Saudi fast food chain Kudu has […]

  • Profile picture of Iris Dorbian

    Iris Dorbian wrote a new post, TPG Invests $135 Mln in AV Homes 57 minutes ago

    TPG has agreed to invest $135 million in AV Homes at a price of $14.65 per share. At the close of the transaction, TPG will acquire a 41.9% stake in AV Homes. Moelis & Company LLC is serving as financial advisor […]

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