blue beats

peHUB Second Opinion

In Second Opinion, Apple officially welcomes Beats to its family, you can now legally unlock your cellphones in the U.S., Alibaba invests $120 mln in Kabam and it’s okay to feel good about the U.S. economy.


Permira closes $7.2 bln for fifth fund

Permira has raised $7.2 billion in the final close of its fifth fund. Although the LPs were not named, according to the firm, 72 percent of the total committed capital for the fund were from previous backers.

Permira appoints Ruder as co-head of TMT sector team

Permira said Thursday that it has named Brian Ruder as co-head of Permira’s global technology, media and telecommunications sector team. Ruder will co-head the TMT sector team with Richard Sanders. Ruder is a partner and head of the firm’s Menlo Park, Calif. office. Also, the company has promoted Nic Volpi to partner. Volpi first joined Permira’s New York office in 2004 before relocating to Menlo Park in 2011.

NetApp names Permira senior advisor as lead independent director

NetApp said Monday that current board chairman and former CEO Dan Warmenhoven will step down from his position. NetApp CEO Tom Georgens will replace him as board chairman. Also, Nicholas Moore, a lead independent director at NetApp, will retire from the board . Michael Nevens, a senior advisor at private equity fund Permira, will become lead independent director. Based in Sunnyvale, Calif., NetApp is a provider of storage and data management solutions.


eDreams ODIGEO prices IPO

eDreams ODIGEO, an online travel company has announced the final offer price in its Initial Public Offering. The commencement of trading on the Madrid, Barcelona, Bilbao and Valencia stock exchanges is expected to take place on April 8, 2014 under the symbol EDR. The company is backed by Permira and Ardian funds.

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget