Head of KKR’s Australia business to retire

Justin Reizes, head of Kohlberg Kravis Roberts’ Australia business, is retiring from the firm, according to an investor letter recently sent to limited partners. Reizes is leaving to “spend more time with his young family,” the letter said. Reizes joined KKR in 1999 and has been head of KKR’s activities in Australia and New Zealand since 2007, […]


KKR in talks to settle SEC probe of expense sharing

Kohlberg Kravis Roberts is in discussions with the Securities and Exchange Commission to settle an inquiry about how the firm has allocated expenses between funds and co-investors, according to the firm’s annual report and a recent letter to limited partners.


Linden Fund III raises $750 mln

Linden Capital Partners has closed its third fund at its $750 million hard cap, said Tony Davis, the Chicago-based firm’s president and managing partner.


peHUB Second Opinion

In Second Opinion, the Supreme Court appears divided on Obamacare, IBM acquires AlchemyAPI and if you want to work at Facebook, then you better act like Mark Zuckerberg’s boss.


peHUB First Read

First Read starts your morning with news of Target set to cut thousands of jobs, Uber’s first acquisition will be mapping tech startup deCarta and Microsoft co-founder Paul Allen has found the wreck of a lost WWII Japanese battleship.


peHUB Second Opinion

In Second Opinion, the House greenlights Homeland Security Dept. funding through September, Edward Snowden’s lawyer says he’s willing to return to the U.S. if he’s guaranteed a fair trial and the new Pebble smartwatch is now the most-funded project in Kickstarter history.


peHUB First Read

First Read ushers in your morning with news of Hillary Clinton using a personal email account at State Dept., possibly breaking rules, Tinder to charge those 30 and over more for new dating app and Michael Jordan joins the billionaire’s club according to Forbes.


TPG reaches $6.5 bln for Fund VII’s first close

TPG Capital LP drew in $6.5 billion in commitments for its first close on TPG Partners VII, its newest flagship fund that offered discounts on management fees for early investors, according to a person familiar with the firm.

John Doerr shows a flexible solar panel in Stanford

peHUB Second Opinion

In Second Opinion, the NASDAQ hits 5000 for the first time in 15 years, Google confirms plans on becoming a wireless carrier and Kleiner Perkins General Partner John Doerr is expected to testify in the Pao gender discrimination trial.

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