Venture firm Formation 8 was dropped as a defendant in a U.S. civil lawsuit that accused one if its co-founders, Joe Lonsdale, of sexual assault, according to a court document filed Thursday.
Organic treats, designer sofas, Halloween costumes and calming aromatherapy collars – these are just a few of the latest examples of the trend to “humanize” our pets. These “humanization” trends apply to a range of pets, be they dogs and cats, or even horses, ferrets and lizards.
Private equity will play a key role in developing Africa given the massive needs for capital on the continent, says Blackstone Group (BX.N), which is focusing on infrastructure projects involving power generation and transmission.
First Read helps close out another snowy week with news Apple Pay has been stung by low-tech fraudsters, Formation8 has been dropped from U.S. sexual assault lawsuit and Glenn Beck’s top execs quit to form digital media startup.
The $2.3 billion sale of Ikaria Inc. is expected to produce a whopping 140 percent IRR for Madison Dearborn Partners after a one-year hold, a source said.
In Second Opinion, Apple will launch its streaming music service in June, Mark Cuban says not only are we in a tech bubble but it’s worse than the last one and Ringling Bros. Circus will phase out elephant acts by 2018.
There’s no denying that VCs are busy people with hectic schedules, but the calendar app Tempo crunches the data to figure the code on how to best meet them.
UTIMCO portfolio benefits from advances by Emerald Hill, Everstone.
Former venture capitalist Ellen Pao could take the stand as early as Thursday in her gender discrimination lawsuit against her previous employer Kleiner Perkins Caufield & Byers, giving testimony that will likely make or break the case, Reuters News reported.
First Read kicks off your morning with news of AbbVie to acquire Pharmacyclics for $21 billion, Etsy files for an IPO and Hillary Clinton asks the State Department to release her e-mails.
Justin Reizes, head of Kohlberg Kravis Roberts’ Australia business, is retiring from the firm, according to an investor letter recently sent to limited partners.
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 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.
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.
HGGC has closed its second fund at $1.33 billion, beating its $1 billion target.
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.
The private equity firms that acquired Freescale Semiconductors in a mammoth $17.6 billion deal nearly nine years ago are finally getting their money back.
John Doerr took the stand Tuesday in Ellen Pao’s discrimination suit against Kleiner Perkins Caufield & Byers, as the trial continues.
