Queen Elizabeth Reuters 660

peHUB First Read

First Read ushers in your morning with news that Halliburton is cutting 9,000 jobs, KPMG names its first female CEO and Happy Birthday to Queen Elizabeth who turns 89 today.


NYC hires four for PE program, even as report shows underperformance

The New York City Retirement System has hired Eneasz Kadziela to replace veteran private equity officer James Del Gaudio, who left in March, according to Eric Sumberg, a spokesman for the city comptroller’s office. Kadziela is one of four professionals to recently join the private markets team, which a report suggests has been falling short of its benchmark.


peHUB Second Opinion

In Second Opinion, health insurance start-up Oscar snags $145 mln in funding at an $1.5 bln valuation, GE is in talks to sell its lending and leasing portfolio to Wells Fargo and Kraft ends its macaroni and cheese fake coloring. But will it still be yellow?


peHUB First Read

First Read kicks off the week with news Prologis will acquire KTR Capital for $5.9 bln, Comcast and Time Warner Cable are set to talk with antitrust regulators and WhatsApp now has 800 mln active users.


Carlyle to shutter its two mutual funds: Reuters

Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, regulatory filings showed this week, as the private equity firm seeks other ways to gain more traction with so-called liquid alternative funds.


peHUB Second Opinion

In Second Opinion, Dow plunges more than 300 points, Apple Pay plans on launching in Canada later in the year and doctors demand that Columbia University boot Dr. Oz from the faculty due to “quack treatments.”


peHUB First Read

First Read ends your week with news Google is reportedly investing an additional $1 bln in a giant Iowa data center, Oil services firm Schlumberger lays off 11,000 and the Fed is shying away from raising rates in June.


peHUB Second Opinion

In Second Opinion, former Facebook lawyer joins Andreessen Horowitz for new policy group, Etsy is now valued at $4 billion after stock surges 115 percent after IPO debut and e-cigarette use triples among youth.

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