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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.

U.S. Investor Warren Buffett listens to a question during a news conference in Madrid
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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.

Nimoy, cast member of new film "Star Trek Into Darkness", poses as he arrives at film's premiere in Hollywood
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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!

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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.

A copy of New York Daily News is seen in news stand outside offices of New York Governor Eliot Spitzer in Manhattan
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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.

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