Chris Witkowsky
DFW Capital Partners has closed DFW Capital Partners IV on $162.5 million, beating its $150 million target. Fund IV has already invested in three operating businesses -- Information Innovators, Covenant Surgical Partners and Sebela Pharmaceuticals. Griffin Financial Group worked as placement agent.
Plain Vanilla Games, which developed iPhone game QuizUp, has raised $22 million in funding. All existing investors participated in the funding around, including Tencent Holdings and Sequoia Capital. The funding brings total investments in Plain Vanilla Games to more than $27 million.
To finish off your abbreviated holiday week, First Read reveals a South Korean company wants consumers to communicate with their appliances, the biggest billionaire gainer this year was a casino mogul and crowdfunding for an app that tracks disturbances in earth's magnetic field as a way to detect UFOs.
Second Opinion brings you important news this Thursday that 2013 was a failed year for tech, High Times magazine is planning a private equity fund and a U.K. company has come up with glow in the dark sidewalks. The latter two news items may not be all that different.
LPs are choosing to cut bigger checks to fewer managers, creating an environment where certain funds have enjoyed amazingly strong and fast marketing periods. Here is a list of the hot funds of 2013.
A Dutch court dismissed a suit brought by private equity firm TPG against Strauss Coffee, parent company Strauss Group said on Wednesday.
First Read has news on this chilly post-holiday Thursday that Carlyle has been building a 'pan-alternatives' offering for institutional investors, UPS and FedEx have taken a beating for not keeping up with demand and some of the biggest mistakes entrepreneurs make when dealing with angel investors.
APG Asset Management, the New York-based investment group of the huge Dutch pension administrator, has rounded out its senior investment team with the recent hire of Michael Dymond as a senior portfolio manager.
Yukon Partners has invested subordinated debt and equity in Accelecare Wound Centers, a comprehensive wound care and disease management company. Revelstoke Capital Partners sponsored the deal in which it, Yukon and seven other institutional co-investors acquired a majority equity interest in Accelecare.
Kohlberg Kravis Roberts has closed its debut private equity real estate fund on more than $1.5 billion, including commitments from KKR personnel and KKR Financial Holdings. KKR launched fundraising in the second quarter of 2013, while the KKR Global Real Estate team was formed in 2011.