PE Hub Staff

Get The Wire in your inbox each morning! Just send us an email. Rick Hayes has tendered his resignation as senior investment officer for alternative assets with the California Public Employees’ Retirement System (CalPERS), effective in July. He will become a managing partner at Oak Hill Capital Management. Go to www.PrivateEquityWeek.com for more. David Mills […]

Get The Wire in your inbox each morning! Just send us an email.   Ripplewood Holdings LLC and Activated Holdings LLC have acquired a majority position in Shaklee Corp. from Yamanouchi Pharmaceutical Co. Ltd. The deal is worth an estimated $310 million, with Ripplewood and Activated owning a combined 81% of Shaklee equity, while the […]

Get The Wire in your inbox each morning! Just send us an email. Airpax Corp., a Cambridge, Md.-based manufacturer of circuit protection and thermal sensing products, has completed a $78.5 million recapitalization. William Blair Capital Partners led the deal with a $24.5 million investment, and was joined by company management and Norwest Equity Partners. Antares […]

Get The Wire in your inbox each morning! Just send us an email. Dex Media Inc., an Englewood, Colo.-based phone directories publisher, has filed to raise $1.5 billion via an IPO of common stock on the NYSE under an undetermined ticker symbol. Morgan Stanley, Lehman Brothers and Merrill Lynch & Co. will act as joint […]

Get The Wire in your inbox each morning! Just send us an email. The State of Michigan has amended its open records laws, one year after The University of Michigan released market values and internal rates of return for each of its VC and buyout fund relationships. The school was consequently booted out of a […]

Get The Wire in your inbox each morning! Just send us an email. Google Inc., a Mountain View, Calif.-based provider of online search engine technology, has filed to raise over $2.71 billion via an IPO of common stock on either the NYSE or Nasdaq. The IPO will be transacted as a Dutch auction. The company […]

Get The Wire in your inbox each morning! Just send us an email. Network Associates Inc. (NYSE: NET) has agreed to sell its Sniffer product line to Silver Lake Partners and Texas Pacific Group for $275 million in cash. The private equity firms will form a new entity named Network General Corp., which will continue […]

Get The Wire in your inbox each morning! Just send us an email. The Lubrizol Corp. (NYSE: LZ) has agreed to acquire Noveon International Inc., a Cleveland-based provider of specialty chemicals for consumer and industrial applications. The deal includes a cash payment of $920.2 million plus the assumption of net debt. Noveon was created in […]

Get The Wire in your inbox each morning! Just send us an email.   Electronic Arts president and COO John Riccitello is leaving the entertainment software company to start a private equity firm. According to the New York Times , he will team up with Roger McNamee , who helped found Integral Capital Partners and […]

Get The Wire in your inbox each morning! Just send us an email. Yahoo Inc. (Nasdaq: YHOO) has agreed to acquire Kelkoo SA, a Paris, France-based provider of online comparison shopping services. Under terms of the agreement, Yahoo will acquire up to 100% of outstanding Kelkoo shares for approximately