First Read
779 Views

peHUB First Read

This Tuesday morning First Read brings you news of Blackstone’s great Hilton gain and its Patria fund surpassing target, how familiarity breeds in the alternative investment world, Nevada’s venture bets and Illinois State Board of Investment recruitment.

NBA basketball player Anthony poses at Nickelodeon's Kids' Choice Sports 2014 award show in Los Angeles
462 Views

peHUB Second Opinion

In Second Opinion, Facebook’s buy of Oculus VR closed, the latest startup thriller, Yahoo is buying Flurry and Netflix ends Q2 with 50.05 mln subscribers. Plus, what is CNN worth?

07022014banksafety
190 Views

Buyout loan trends may reflect Fed, OCC disparities: TRLPC

Scrutiny by U.S. regulators is reshaping the leveraged loan market as bankers complain that the Office of the Comptroller of the Currency enforces leveraged lending guidance more stringently than the Federal Reserve, sister service Thomson Reuters Loan Pricing Corp reports.

CEREIM closes $400 mln for debut fund

Cypress Equities Real Estate Investment Management, an affiliate of Cypress Equities, said Wednesday that it has raised $400 million in the final close of its first fund. According to the firm, its LP base includes public and corporate pensions, sovereign wealth funds, endowments, foundations, family offices and fund of funds investors. Credit Suisse served as a placement agent for the fund.

Belgian 3D printing firm Materialise unveils IPO

Materialise NV has debuted its IPO after pricing its $8 million shares at $12 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol “MTLS.” Piper Jaffray and Credit Suisse are the lead underwriters. Based in Belgium, Materialise, which is backed by Sniper Investments, is a 3D printing company.

Viper Energy Partners launches IPO

Viper Energy Partners, a Midland, Texas-based subsidiary of oil and gas company Diamondback, has debuted its IPO after pricing its 5 million shares at $26 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol “VNOM.” Barclays, Credit Suisse and Wells Fargo Securities are serving as lead underwriters. Viper is focused on acquiring oil and natural gas assets in North America.

123 Views

GI Partners completes Peak 10 acquisition

GI Partners has closed its previously announced buy of Peak 10. No financial terms were disclosed. Credit Suisse, RBC Capital Markets and Jefferies provided the financing for the transaction. Based in Charlotte, North Carolina, Peak 10 is an operator of data centers.

Top 10 sign blue white shutterstock_102171166
163 Views

Top 10 posts

Trending on peHUB this week: Banks deny big loan for KKR deal; job openings at CPP, Juggernaut and LACERA; and secrets to a successful PE career.

06052014coins5x
639 Views

Banks face U.S. fines over LBO loans: Reuters

Wall Street banks are bracing for a clampdown and even fines if regulators determine they have violated guidelines aimed at stamping out reckless underwriting on leveraged buyout debt, according to Thomson Reuters International Financing Review and Thomson Reuters Loan Pricing Corp.

Top 10 sign blue white shutterstock_102171166
208 Views

Top 10 posts

Trending on peHUB this week: the secrets to a successful PE career, fallout from SEC examinations of PE funds, and job openings at Allstate, Carlyle and Credit Suisse.

301 Views

American Capital unveils $1.1bn lower mid-market vehicle

American Capital has launched American Capital Equity III. The private equity fund will invest in companies in the lower middle market. The Private Fund Group of Credit Suisse is serving as the exclusive placement agent. Kirkland & Ellis is serving as lead counsel to American Capital on the transaction.

Bain Capital invests in Viewpoint Construction Software

Bain Capital has made an undisclosed investment in Viewpoint Construction Software. As part of the transaction, Updata Partners and TA Associates are selling their stakes in Viewpoint. Credit Suisse and Canaccord Genuity advised Viewpoint on the deal while Wells Fargo advised Bain Capital. Headquartered in Portland, Oregon, Viewpoint is a provider of software solutions and services to the construction sector.

Seidler-backed Sportman’s Warehouse rolls out IPO

Sportsman’s Warehouse Holdings, a portfolio company of Seidler Equity Partners, has launched its IPO of 12.5 million shares after pricing it at $9.50 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “SPWH.” Credit Suisse and Goldman Sachs are the lead underwriters. Based in Midvale, Utah, Sportman’s is an outdoor sporting goods retailer.

126 Views

Behrman Capital completes $570 mln recap of Pelican Products

New York and San Francisco-based private equity firm Behrman Capital said Tuesday that it has recapitalized Pelican Products for $570 million. Credit Suisse and Morgan Stanley were co-bookrunners on the transaction. Pelican Products is a producer of high-performance case solutions and advanced portable lighting systems.

Chinese online retailer Jumei seeks to raise $400 mln for IPO

According to an SEC filing, Jumei International Holding Limited has filed for a $400 million IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be determined. Goldman Sachs (Asia), Credit Suisse and J.P. Morgan will serve as lead underwriters. Based in Beijing, Jumei, which is backed by Sequoia Capital and Ventech, is an online retailer.

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget