Posted on: June 18, 2013 by Connie Loizos
From their work ethic to their idealism, people in Silicon Valley tend to do things a bit differently. Turns out those differences extend to the way many of Silicon Valley’s newly rich think about generational wealth.
Tags: Harris MyCFO, Jim Cody
Posted on: June 18, 2013 by Reuters News
SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, sources told Reuters.
Posted on: June 18, 2013 by peHUBlogger Network
Guest columnist Philippe T. Schenk of Grove Street wonders if the uncertainty around taxes in Q4 affected PE investment decisions and led to a misalignment of interests between the taxable GP and the tax-exempt LP.
Tags: Grove Street Advisors, private equity, taxes
Posted on: June 18, 2013 by Steve Gelsi
The Valence Group’s Anton Ticktin, who’s been focused on mergers and acquisitions in the chemical sector since the late 1990s, ranks 2013’s deal prospects as bullish, with major private equity players wading in. “We have a very strong pipeline,” Ticktin said in a phone interview. “We think 2013 will remain pretty robust, maybe not at the peak of 2011, but certainly at a high level—maybe the same as 2012.”
Tags: Apollo, Bain, CBC, KKR, Permira, Rockwood, Valence Group
Posted on: June 18, 2013 by Connie Loizos
Economist Steven Levitt on why data needs stories. Malcolm Gladwell on the gift of doubt. And why, when it comes to New York’s tech scene, Mayor Bloomberg will be a tough act to follow. And more!
Tags: Second Opinion
Posted on: June 18, 2013 by Luisa Beltran
The IPO of HD Supply could provide a way for Bain Capital, the Carlyle Group and Clayton Dubilier & Rice to recoup their investment.
Posted on: June 18, 2013 by asormani
This week there are job vacancies at venture veteran Benchmark Capital and secondaries specialist Coller Capital. Buyout behemoth Blackstone is also seeking a deal assistant for its growing Park Hill Secondaries team.
Tags: Benchmark Capital, Blackstone, Coller Capital, Park Hill Secondaries
Posted on: June 18, 2013 by asormani
This morning read all about the top 20 US cities for venture; UK VC fund performance trailing behind its US counterparts, the latest tech deal update and more.
Posted on: June 18, 2013 by Alastair Goldfisher
Accel Partners has allocated another $100 million for its Big Data Fund 2, and the firm has added Anthony Deighton, CTO of Qlikview, and Shlomo Kramer, CEO of Imperva, to its advisory council.
Tags: Accel Partners, Big Data, Ping Li
Posted on: June 17, 2013 by Connie Loizos
General Catalyst says its executive-in-residence program is clicking, pointing to the successful sale of energy startup CLEAResult to General Atlantic.
Tags: CLEAResult, General Atlantic, General Catalyst
Posted on: June 17, 2013 by Joanna Glasner
Digital coupon provider RetailMeNot has raised at least $265 million from venture investors in the past couple years to fund a spree of acquisitions and expand its market. Now, Austin Ventures and other backers are looking for a big return on investment from the company’s upcoming IPO.
Posted on: June 17, 2013 by Connie Loizos
Google clears the way to issue a new class of nonvoting stock, Whole Foods limits executive salaries to no more than 19 times the average employee, and might this be the laziest airport employee ever? And more!
Tags: Second Opinion