PE Hub Staff

WALTHAM, MA

NEW YORK — As further evidence that the venture capital industry has not been immune from the public market turmoil through the second and third quarters, Venture Economics today announced its preliminary quarterly Private Equity Performance Index (PEPI) results for Q3 2000. For the third consecutive quarter, returns to limited partner investments in venture capital […]

NEW YORK — Auda Advisor Associates LLC today announced that David S. Andryc has joined the firm’s Private Equity group as a Managing Director. In that role, he will be responsible for managing Auda’s direct private equity activities, complementing the firm’s traditional role as a leader in partnership investments. Andryc, 40, has more than 13 […]

DENVER — Telseon, the leading provider of instantly scalable optical networks, announced today that it raised $100 million in new equity investment from leading investment banks, strategic partners and venture firms. In addition, the company has arranged for $75 million in capital lease financing. Since its inception, Telseon has raised more than $261 million in […]

NEW YORK — Baker Capital, a private equity firm focused on communications industry investments, today announced the return of Dr. James G. Cosgrove as CEO in Residence. Dr. Cosgrove, formerly an AT&T senior executive served as CEO of S2 Systems since its acquisition by Baker Capital in April of 1999. Before joining Baker Capital initially, […]

ALPHARETTA, GA — Proxima Therapeutics Inc., a developer and marketer of site-specific cancer treatments, today announced the completion of a $17 million round of financing. The financing was lead by Domain Associates, a Princeton-based venture capital management company with a focus on life sciences. In addition to Domain, participants included Merrill Lynch Ventures, NeuroVentures Capital […]

NEW YORK – U.S. private equity investors are confident that the overall economic performance of Latin America in 2001 will be positive, citing Brazil (44%) and Mexico (22%) as their two most popular investment destinations for the next twelve months, according to the fourth annual survey of U.S.-based private equity funds by PricewaterhouseCoopers’ Latin America […]

HOUSTON — Hostcentric Inc., one of the largest privately held managed service providers offering a full range of Web hosting services, e-commerce solutions and technology infrastructure, announced today that it has secured $33.5 million in its second round of funding, led by Thomas Weisel Capital Partners, L.P., Notre Capital Ventures III, L.L.C., BNP Europe Telecom […]

LONDON & NEW YORK –Wide Learning, Europe’s leading supplier of e-learning solutions to the financial services industry, today announced the completion of its second round of venture capital funding. The GPB13m (US $19.1m) preferred equity investment led by J.P. Morgan Capital Corporation will be applied to grow the company’s range of products and solutions and […]

SALT LAKE CITY — NextPage Inc., the leader in Peer-to-Peer Content Networking solutions, announced today that it has raised approximately $20 million of private equity from Oak Investment Partners, epartners, Dominion Ventures and Amp Capital Partners. This second round of funding will be used to accelerate the adoption of NextPage’s Peer-to-Peer Content Networking Platform for […]