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Ignition closes $200 mln sixth fund

Ignition Partners has closed a $200 million sixth fund with a determination to stick with its “boutique” style of Series A enterprise-focused software investing. The firm said the new fund was $100 million oversubscribed

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peHUB First Read

First Read starts your morning with news that the U.S. and Cuba are nearing a deal to fully restore diplomatic ties, Stripe is in talks to raise funding at a $5 billion valuation and Chromebook sales are predicted to grow by 27 percent this year to 7.3 million units.

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Alcatel-Lucent PE official Anderson to join TIFF

Chris Anderson, senior manager of private equity at Alcatel-Lucent Investment Management Corp, is leaving the company to take on a private equity role at The Investment Fund for Foundations (TIFF), according to a spokeswoman at TIFF and a “friends and family” email from Anderson.

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peHUB Second Opinion

In Second Opinion, the Federal Reserve says a June interest rate hike is unlikely, New York’s top financial regulator Benjamin Lawsky is stepping down and according to a new study, 40% of the unemployed have stopped looking for a job.

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peHUB First Read

First Read kicks off your morning with news that Altice is acquiring Suddenlink, Los Angeles raises its minimum wage to $15 and David Letterman prepares to sign off, serving as the longest late night talk show host in television history.

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peHUB Second Opinion

In Second Opinion, Takata’s defective airbag recalls grows to almost 34 million, the U.S. charges six Chinese nationals with economic spying and according to IMF data, Australia hasn’t had a recession in 24 years.

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peHUB First Read

First Read ushers in your morning with news that Shell receives a $529 million offer for French LPG business from DCC, property management software AppFolio files for IPO and flying cars could be ready for takeoff in 2017.

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peHUB Second Opinion

In Second Opinion, an appeals court upholds Apple’s patent victory over Samsung, the Supreme Court rules that two states can’t tax the same income and according to a new study, CEOs are hurting their companies by golfing too much.

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peHUB First Read

First Read kicks off your morning with news that Endo is planning on buying Par Pharmaceutical from TPG for $8.05 billion, Alibaba is sued over alleged counterfeits and “Mad Men” comes to an end.

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