PE HUB Second Opinion

To close the wild week, Ashley Madison CEO Biderman resigns, Twitter will be expanding female workforce to 35% in 2016 and former astronaut Buzz Aldrin wants to colonize Mars within 25 years.


PA SERS copes with sudden death of PE official

Veteran limited partner Michael Beblo, 62, director of alternative investments at the Pennsylvania State Employees’ Retirement System, died after heart surgery on August 2, a spokeswoman for the pension system confirmed.

Carl Icahn, founder of Icahn & Co., speaks at the Wharton Economic Summit in New York in this February 1, 2006, file photo. Billionaire investor Icahn has secured one out of four board seats he sought at drugmaker Forest Laboratories Inc in a bitter proxy fight, according to an early tally of shareholder votes at the company's annual meeting on August 15, 2012. REUTERS/Chip East/Files (UNITED STATES - Tags: BUSINESS)

PE HUB First Read

First Read ends the week with news China Huarong Asset Management gets the greenlight for $3 bln IPO, Facebook hits new milestone: 1 bln people used the social network on a single day and Donald Trump says most dealmakers are miserable but Carl Icahn is nice.


PE HUB Second Opinion

In Second Opinion, Apple will host its next iPhone launch on September 9, Uber closes its China fund at $1 bln and bitcoin comes to Cuba.


PE HUB First Read

First Read ushers in your morning with news that China stocks and global markets rise after Wall Street rally, Amazon is reportedly giving up on making smartphones and smartphone messaging app Line cancels its IPO plans.


PE HUB Second Opinion

In Second Opinion, Monsanto ditches its $47 bln takeover bid for Syngenta, Facebook launches M, its answer to Siri and after a six-day sell-off, the Dow jumps over 600 points at the close of trading.


PE HUB First Read

First Read straps in for volatility as Wall Street poises to open higher today, U.S. farm income is projected to fall to its lowest level in nine years and Schlumberger agrees to buy Cameron in $14.8 bln deal.

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