Posted on: October 18, 2012 by Reuters News
Jumptap, a seven-year old mobile advertising startup, said it is considering either listing its shares or selling itself, writes Reuters. Jumptap, which has raised $121.5 million through seven rounds of funding, counts Summerhill Venture Partners, WPP Plc and AllianceBernstein among its investors.
Tags: AllianceBernstein, Summerhill Venture Partners, WPP Plc
Posted on: May 31, 2012 by asormani
This week’s job posting is for a position on the private real estate asset management team of a well respected international fund-of-funds.
Tags: AllianceBernstein, Angelo Gordon & Co., AXA Real Estate, GTIS Partners, Partners Group, PricewaterhouseCoopers, Rockwood Real Estate Advisors, Tristan Capital Partners, Westport Capital Partners
Posted on: April 4, 2011 by PEHub Administrator
Massachusetts-based mobile advertising marketer Jumptap has taken most of a planned $27.9 million financing, Web site MassHighTech reported. The Web site cited a regulatory filing in which Jumptap stated it has received about $20 million in funding thus far. Investors in Jumptap include General Catalyst, Redpoint Ventures, Summerhill Ventures, WPP, Valhalla Partners and AllianceBernstein.
Tags: AllianceBernstein, General Catalyst, Redpoint Ventures, Summerhill Ventures, Valhalla Partners
Posted on: October 1, 2010 by PEHub Administrator
AllianceBernstein announced today that it has acquired SunAmerica‘s alternative investments group, which manages hedge fund and private equity fund investments. The transaction price wasn’t disclosed, nor was the amount of assets the alternative investment group manages. PRESS RELEASE: AllianceBernstein L.P. today announced that it has acquired SunAmerica’s alternative investments group, a team that manages a [...]
Tags: AllianceBernstein, SunAmerica
Posted on: September 13, 2010 by PEHub Administrator
PRESS RELEASE: AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) announced that preliminary assets under management fell to $467 billion from $482 billion during August 2010. The 3.1% decline was due to negative equity investment returns and net asset outflows, mainly from institutional accounts. Half of the institutional outflows were from a non-actively managed account [...]
Tags: AllianceBernstein
Posted on: October 5, 2009 by PEHub Administrator
WASHINGTON (Reuters) – The U.S. Treasury Department will announce on Monday that three more funds have met requirements to get government financing that will let them begin purchases of banks’ so-called toxic assets. Treasury said last Wednesday, which was September 30, that Invesco Ltd and Trust Company of the West, or TCW, were the first [...]
Tags: AllianceBernstein, BlackRock, Wellington Management
Posted on: September 24, 2009 by Lawrence J. Aragon
It may have delivered a jolt to the IPO market, but battery maker A123 Systems didn’t produce a high-voltage charge for its venture backers.
A123 priced its shares at $13.50 this morning and they shot up to $20.29 by the end of the day, an increase of more than 50 percent. That was the best second-best debut of the seven VC-backed companies that have gone public this year and the second-best debut for any IPO on a U.S. exchange this year. (Updated: OpenTable rose 59% on its first day.)
Despite the impressive performance, the company’s backers didn’t see a huge return because they invested such a large amount in A123. (See table below)
Prior to its IPO, A123 raised more than $240 million from more than 15 investors over 11 rounds since 2001, according to Thomson Reuters (publisher of peHUB).
Tags: A123 Systems, AllianceBernstein, North Bridge Venture Partners, Sequoia Capital
Posted on: May 21, 2009 by PEHub Administrator
Avid Radiopharmaceuticals Inc., a developer of molecular imaging products, completed the first closing of a $34.5 million Series D financing led by Alta Partners. Existing investors AllianceBernstein, Safeguard Scientifics, Pfizer Venture Investments, Lilly Ventures, RK Ventures Group, LLC and BioAdvance. Press release: Avid Radiopharmaceuticals, Inc., a leader in the development of molecular imaging products, today [...]
Tags: AllianceBernstein, Alta Partners, Avid Radiopharmaceuticals, BioAdvance, Lilly Ventures, LLC, Pfizer Venture Investments, RK Ventures Group, Safeguard Scientifics