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.
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.
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.
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.
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.
Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue, Reuters said.
Ten Hot Stories: LPs Talk Tough to VCs, ‘First Close’ Gets More Elusive, Twitter’s Costolo Talks VCs and Burritos
Trending on peHUB this week: disgruntled LPs, Twitter, Dick Costolo, Marc Andreessen, TPG, Quintiles, Northern Tier, Apollo, Blackstone, NYSTRS, Grotech Ventures, LBO returns and CTI Foods