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LPs to VCs: Cut Fund Size, Show Us the Money and Stop Lying

Posted on: May 16, 2013 by joanna1 Comment »

At the end of a two-day conference celebrating all that is venture capital, a quartet of limited partners offered some pointed criticism on what the industry – and the bulk of its practitioners – are doing wrong.

Golub Capital Announces Public Offering

Posted on: May 7, 2013 by asormaniNo Comments »

Golub Capital BDC, a business development company, plans to make a public offering of 5,500,000 shares of its common stock. Wells Fargo Securities, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers for the offering.

Reuters – TPG to Sell China Leasing Firm UniTrust

Posted on: April 22, 2013 by reuters-newsNo Comments »

TPG Capital is putting China’s UniTrust Finance & Leasing Corp up for sale, seeking $800 million, writes Reuters. Morgan Stanley and UBS are handling the deal.

Apax, Morgan Stanley Look to Sell Hub – Sources

Posted on: April 11, 2013 by reuters-newsNo Comments »

Buyout firm Apax Partners and Morgan Stanley’s private equity arm are exploring a sale of Chicago-based insurance brokerage Hub International that could be valued at around $2 billion, two people familiar with the matter said this week.

SoFi Secures Credit Facility from Morgan Stanley

Posted on: March 27, 2013 by asormaniNo Comments »

Social Finance has secured a $60 million warehouse line from Morgan Stanley. The facility gives SoFi increased capacity to further expand its successful community-based lending model.

Jobs of the Week: Charterhouse, Oaktree and CalPERS Recruiting Now

Posted on: March 12, 2013 by asormaniNo Comments »

This week there are a handful of associate positions up for grabs, two with a focus on real estate and CalPERS is hiring for a private equity portfolio manager but you’d better be quick off the mark – closing date is March 14.

OneRoof Energy Secures $100m New Financing

Posted on: March 4, 2013 by asormaniNo Comments »

Solar finance provider OneRoof Energy has secured an agreement for the acquisition of up to $100 million in residential solar projects with MS Solar Holdings Inc, an indirect, wholly-owned subsidiary of Morgan Stanley and Main Street Power Company, a North American solar developer and owner/operator, through the expansion of their existing MySolarSM residential lease financing platform. Debt financing for the newest MySolarSM fund will be provided by National Bank of Arizona.

Chappuis Joins the Carlyle Group

Posted on: February 25, 2013 by Luisa BeltranNo Comments »

Jacques Chappuis is joining The Carlyle Group as a Managing Director and Head of the Solutions business segment. Chappuis comes to Carlyle from Morgan Stanley, where he serves as President of Alternative Investments Partners. He begins his duties at Carlyle in May and will be based in New York.

Jobs of the Week – Goldman, H.I.G., SVB and The Family Office Seeking Associates

Posted on: February 20, 2013 by asormaniNo Comments »

This week peHUB’s jobs of the week include associate positions at Goldman Sachs, H.I.G. Capital and SVB among others.

Warburg Pincus Buys JHP Pharmaceuticals

Posted on: December 31, 2012 by Luisa BeltranNo Comments »

Warburg Pincus has acquired JHP Pharmaceuticals for $195 million. The seller is Morgan Stanley Principal Investments. JHP’s current management team will continue to hold an interest. Parsippany, N.J.-based JHP specializes in sterile injectable products. Morgan Stanley & Co. advised JHP.