Grad jumps to Actis after 5 years with Irving Place
Patricia Grad has left Irving Place Capital after nearly five years, two sources said.
Featured Stories
109 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!
243 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?
421 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.
165 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.
666 Views
peHUB First Read
First Read helps usher in the weekend with news Google reversed a porn ban on Blogger after backlash, Kleiner Perkins says it didn’t distribute gender discrimination policy until 2012 and Wired helps us understand the great dress debate of 2015.
Fund performance: Bets on late vintage IA, Foundry, Sofinnova funds comes up aces — VCJ
UTIMCO benefits from traditional go-early investment strategy.
238 Views
Salveo Capital seeks up to $25 mln to invest in legalized marijuana
Salveo Capital, which is targeting investments in the legal marijuana industry, is out fundraising for its debut fund.
188 Views
Vogue to pay dividend to Carlyle; Moody’s calls move “aggressive”
A year after investing in Vogue International, the Carlyle Group is getting paid.
233 Views
California venture firm sexism trial hears of late night hotel visit — Reuters
Trae Vassallo, a former GP at Kleiner Perkins, took the stand this week in Ellen Pao’s discrimination lawsuit against the firm, to testify how she also received advances from Ajit Nazre.
318 Views
peHUB Second Opinion
In Second Opinion, IBM is investing $4 billion into cloud and mobile initiatives, the FCC approves net neutrality and the New York Daily News is reportedly on the block.
286 Views
Fundraising in Latin American breaks records
Capital rushed back into private equity funds in Latin America last year, with fundraising breaking all previous records with a full-year tally of $10.39 billion, according to the Latin American Private Equity and Venture Capital Association.
847 Views
Searchlight gets ready to launch Fund II
Searchlight Capital Partners, which started life with much fanfare in 2010, has been talking to potential limited partners about targeting up to $1.5 billion for its second fund, according to three people with knowledge of the firm.
412 Views
peHUB First Read
First Read kicks off your morning with news of Morgan Stanley agreeing to a $2.6 billion mortgage settlement, Google is reportedly considering a stake in Jawbone and Auto Trader plans to launch an IPO on the London Stock Exchange.
165 Views
Engineering Capital targets data center transformation with $32 mln fund
Engineering Capital unveiled a $32 million seed fund on Tuesday that will target data center infrastructure investments at a time of great disruption. What differentiates the fund is its tight focus on data center transformation.
337 Views
peHUB Second Opinion
In Second Opinion, HP is reportedly trying to buy Aruba Networks, China drops top tech brands for approved state purchases and three Brooklyn men are arrested and accused of plotting to join ISIS.
864 Views
Blackstone uses fee holiday to drive Fund VII toward $10 bln first close
Talk about smooth sailing. Blackstone Group has told limited partners it expects to hold a first close on its flagship private equity Fund VII in April on $10 billion, according to two limited partners with knowledge of the firm.
571 Views
peHUB First Read
First Read gets you over this hump-day with news of Apple being ordered to pay $533 million for patent infringement in iTunes, Cushman & Wakefield goes on the block and unidentified drones reappear over Paris during the night.
