PE Hub Staff
SALT LAKE CITY–Wasatch Venture Fund (Wasatch), an affiliate office of Silicon Valley’s Draper Fisher Jurvetson, today announced that Matt Mosman has joined Wasatch as a managing director. Mosman will work out of Wasatch’s Bay Area office, located in San Mateo County and will focus on developing strategic partnerships and follow-on financing for Wasatch’s portfolio companies […]
SAN FRANCISCO — Financial Technology Ventures (FTVentures), a San Francisco-based leading private equity investor in financial technology, announced that it has closed FTV II, a $423 million venture capital and private equity fund. FTV II will enable FTVentures to continue its strategy of investing in companies that develop technologies that are transforming the financial services […]
MENLO PARK, CALIF. And GREENWICH, CONN. — The Wall Street Journal is reporting that The Barksdale Group has decided to shut it doors. Founded in 1999, the Menlo Park, Calif.-based firm tried, unsuccessfully, to raise a second fund last year. Former Barksdale Partner Peter Currie will join General Atlantic Partners LLC as a partner. Currie […]
BOSTON — Dr. Peter Barrett, a co-founder, Executive Vice President and Chief Business Officer of Celera Genomics, will join Atlas Venture, the leading international venture capital firm investing in life sciences, information technology and communications companies. The firm announced today that Dr. Barrett will join Jean-Francois Formela in Boston to lead its investments in U.S. […]
SAN FRANCISCO, Calif. — MPM Capital announced today the closing of the MPM BioEquities Fund to new investors. The Fund raised over $400 million since its inception March 23, 2001 and now stands at over $450 million in assets. The MPM BioEquities Fund invests primarily in publicly traded biotechnology stocks. The fund is supported by […]
GRAND RAPIDS, MI — Mercantile Bank Corp. (Nasdaq: MBWM), one of the nation’s fastest growing banking organizations, announced that it has privately placed 180,000 shares of common stock with a small number of individual investors, including a member of Mercantile’s Board of Directors and members of his family, an organizer of the Bank, and several […]
SAN DIEGO — MitoKor today announced that it has raised over $25 million in its latest private equity financings. RBC Capital Markets acted as a placement agent. New investors include Federated Kaufmann Fund, Orbitex Health and Biotechnology Funds, Palladin Group, China Development Industrial Bank, First Bio Venture Capital, Emerging Growth Management Funds, and DRW Venture […]
HAMILTON, BERMUDA — Alea Group Holdings (Bermuda) Ltd. announced today that it has received US$250 million of new capital, increasing Alea Group
CAMBRIDGE, MA — Alkermes Inc. (NASDAQ: ALKS) today announced that it has made a $100 million equity investment in Reliant Pharmaceuticals LLC in exchange for approximately 19% ownership of the company. Alkermes’ investment was accompanied by a $50 million investment by Pritzker family business interests and Bay City Capital, the major equity owners of Reliant. […]
MENLO PARK, CA — Trinity Ventures, a leading venture capital firm focused on investments in early-stage software, communications, and enterprise-systems companies, today announced that industry veteran Alex Osadzinski has been appointed a Venture Partner. Formerly an Entrepreneur-in-Residence, Osadzinski has been working with Trinity Ventures since July 2001. Osadzinski will focus his investment efforts in both […]