Doerr seeks to fend off Kleiner Perkins sexism charges: Reuters
John Doerr took the stand Tuesday in Ellen Pao’s discrimination suit against Kleiner Perkins Caufield & Byers, as the trial continues.
Featured Stories
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.
103 Views
Former HP chairman admits ‘mistake’ in venture firm sexism trial: Reuters
Onetime highflying tech executive Ray Lane testified on Monday during a sex discrimination trial involving his former employer, Kleiner Perkins Caufield & Byers, that he made a mistake in judgment involving the harassment of a female venture capitalist at the firm.
144 Views
Frontier Capital raises $390 mln for fourth fund
Frontier Capital has closed its fourth growth equity fund at $390 million, beating its $300 million target.
604 Views
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.
295 Views
Fortress’ Briger: Credit environment remains ‘less interesting’
Fortress Investment Group credit guru Peter Briger believes the credit investment environment remains uninteresting even though the firm is closing in on $5 billion for its next flagship credit fund.
329 Views
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.
268 Views
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.
410 Views
Jobs of the week: Blackstone, GIC, Standard Chartered and Bay Hills are hiring
This week’s job opportunities include a family office vice president at Blackstone, private equity legal counsel at GIC and a private equity senior manager at Standard Chartered Bank. Also, Bay Hills Capital is looking for either an analyst or associate.
348 Views
Buyouts Snapshot: Twin Brook Capital eyes $500 mln lending fund
Twin Brook Capital Partners is seeking $500 million for a middle-market direct lending fund as it kicks off as a new unit of Angelo Gordon & Co headed by two former executives from Madison Capital Funding.
123 Views
PayPal to buy VC-backed Paydiant
PayPal has agreed to acquire Massachusetts-based mobile wallet platform provider Paydiant, the latter announced in a post on its site.
385 Views
Blackstone’s Schwarzman tops 2014 private equity earnings: Reuters
Blackstone Group LP Chief Executive Stephen Schwarzman took home $690 million in 2014, more than any other private equity executive, as his firm and the wider industry benefited from the favorable conditions for cashing out on investments.
608 Views
peHUB First Read
First Read starts your week with news of Twitter reviewing an alleged ISIS threat to co-founder Dorsey, two chip makers will merge in a deal worth $11.8 billion and without revealing a name, Warren Buffett says he has a successor in mind.
465 Views
Grad jumps to Actis after 5 years with Irving Place: UPDATED
Patricia Grad has left Irving Place Capital after nearly five years, two sources said.
351 Views
peHUB Second Opinion
In Second Opinion, the Senate passes a bill to avert the Homeland Security shutdown, Tim Cook says Apple Watch will one day replace your car keys and two big losses rock the business and entertainment world–former AIG chief Robert Benmosche passes away at 70 while “Star Trek” icon Leonard Nimoy dies at 83. Live long and prosper!
312 Views
Skipping the energy revolution
Would you find it odd if a major U.S. pension system completely skipped out on energy private equity funds for the last seven years?
1346 Views
Carlyle splashes out $31.2 million on former JPMorgan executive: Reuters
Carlyle Group LP paid its co-president who was hired last year from JPMorgan Chase & Co $31.2 million in 2014, a higher compensation than many veterans received at the private equity firm, a regulatory filing showed on Thursday.
222 Views
ABRY Partners leads $143.5 mln round for Accela
San Ramon, California-based Accela, a provider of civic engagement solutions for governments, has raised $143.5 in funding, the company announced in a statement.
