General partners are flexing their muscles again.
As well performing and highly sought-after GPs run through fundraising in an increasingly friendly market, there has been a weakening of governance standards in […]
Chris Witkowsky wrote a new post, Stella Point Capital invests $55 mln in Rightpoint, on the site PE HUB 1 day, 19 hours ago
Stella Point Capital invested $55 million in Chicago-based Rightpoint, a digital agency and technology consultant. Rightpoint’s co-founders Ross Freedman and Brad Schneider, and the company’s leadership team will […]
Chris Witkowsky wrote a new post, GTIS Partners, GP Investments buy Brazil Hospitality Group, on the site PE HUB 1 day, 19 hours ago
GTIS Partners and GP Investments have closed their August 2014 $400 million tender offer for the shares of Brazil Hospitality Group, a Brazilian hotel owner. The deal gives GTIS Partners an about 70 percent stake […]
Chris Witkowsky wrote a new post, MBio Diagnostics raises $6.3 mln in Series B funding, on the site PE HUB 1 day, 19 hours ago
MBio Diagnostics Inc, which provides rapid clinical diagnostics and sample testing, closed a $6.3 million Series B funding led by new and existing investors. It’s not clear who invested in the funding […]
Chris Witkowsky wrote a new post, Presidio Residential Capital hires real estate veteran Prosi, on the site PE HUB 1 day, 20 hours ago
Presidio Residential Capital hired Linda G.H. Prosi to work on legal entity formation, loan review and tracking, audit compliance and transaction closings. Prosi previously worked as a reasonable accommodation […]
Chris Witkowsky wrote a new post, Comvest, CapX win bankruptcy auction to buy Karmaloop, on the site PE HUB 1 day, 20 hours ago
A Delaware bankruptcy court judge authorized Comvest Partners and CapX Partners to buy all of online clothing retailer Karmaloop, Inc’s business out of bankruptcy. Karmaloop’s businesses include karmaloop.com, […]
Chris Anderson, senior manager of private equity at Alcatel-Lucent Investment Management Corp, is leaving the company to take on a private equity role at The Investment Fund for Foundations (TIFF), according to a […]
Chris Witkowsky wrote a new post, Strong demand drives Clearlake through fundraising, on the site PE HUB 4 days, 19 hours ago
Clearlake Capital Group is moving quickly through fundraising on its next flagship vehicle and expects to have a strong first close near its target, according to a person with knowledge of the fundraising.
Chris Witkowsky wrote a new post, Cuba will be the ‘powerhouse of the Caribbean’: panelist, on the site PE HUB 5 days, 19 hours ago
At a conference focused on opportunities in emerging markets this month, Cuba found some love.
A panel of investment professionals at the IFC EMPEA Global Private Equity Conference in Washington DC discussing […]
Lawrence Kochard, chief executive officer and chief investment officer at the University of Virginia Investment Management Co, hates your fund structure.
That doesn’t mean UVIMCO won’t commit to your fund, but just be aware that your high fees, your illiquidity, your total control of LP capital, makes Kochard pretty uncomfortable.
“The fee…[Read more]
Chris Witkowsky wrote a new post, NEA leads $38.9 mln Series B funding in Intact Vascular, on the site PE HUB 1 week, 1 day ago
New Enterprise Associates led a $38.9 million Series B funding round in Intact Vascular, Inc., which develops medical devices for minimally invasive vascular procedures. Other participants in the funding included […]
Chris Witkowsky wrote a new post, Mitsui, Omidyar Network lead $7 mln funding in Geekie, on the site PE HUB 1 week, 1 day ago
Mitsui & Co. and Omidyar Network led a $7 million Series B funding in Geekie, a Brazilian education technology company. Existing investors Gera Venture and Virtuose also participated in the funding.
Chris Witkowsky wrote a new post, Sidley Austin hires Simpson Thacher exec Dan Clivner, on the site PE HUB 1 week, 1 day ago
Sidley Austin LLP has hired Dan Clivner as co-managing partner of the Los Angeles office and a member of the mergers and acquisitions and private equity practices. Clivner joined Sidley Austin from Simpson Thacher […]
The U.S. SEC is scrutinizing whether limited partners in funds subject to secondary transactions are getting bad deals, according to Igor Rozenblit, co-head of the Private Funds Unit in the SEC’s Office of Compliance Inspections and Examinations.
The SEC wants to know if LPs are being presented with two bad options in so-called stapled…[Read more]
Chris Witkowsky wrote a new post, Lockheed’s PE chief returns to International Finance Corp, on the site PE HUB 1 week, 3 days ago
Maria Kozloski, longtime head of private market investments at Lockheed Martin’s corporate pension, has taken on a new role: global head and chief investment officer, private equity funds, at International Finance […]
Chris Witkowsky wrote a new post, Fitness tracking device maker Fitbit files for IPO: Reuters, on the site PE HUB 2 weeks, 1 day ago
Fitbit Inc, a maker of wearable fitness tracking devices, filed with U.S. regulators on Thursday for an initial public offering of its shares.
The company makes both wrist bands and clippable devices that monitor a user’s fitness activity by tracking the calories burned or distance covered, among other things.
Fitbit faces stiff competition…[Read more]
Chris Witkowsky wrote a new post, Buyouts Snapshot: Solomon Owayda leaves Siguler Guff, to remain in industry, on the site PE HUB 2 weeks, 1 day ago
Solomon Owayda, who in the late 1980s and 1990s led the private equity program at California State Teachers’ Retirement System, and who played a seminal role in the founding of the Institutional Limited Partners Association, has left Siguler Guff & Co as managing director in its Boston office.
Owayda, who said he plans to stay in the industry,…[Read more]
Chris Witkowsky wrote a new post, Fortress credit chief gets more bearish amid strong fundraising, on the site PE HUB 2 weeks, 1 day ago
Credit investors seem really bored these days.
In several first-quarter earnings calls, credit pros described an environment that is not ripe for investment – though it is a good time to sell.
The latest was […]
Chris Witkowsky wrote a new post, DFW Capital-backed Triple-i adds-on Creative Computing Solutions, on the site PE HUB 2 weeks, 1 day ago
DFW Capital Partners-backed Information Innovators Inc (Triple-i), an information technology services business, has acquired Creative Computing Solutions Inc. DFW invested additional capital in the form of […]
Vector Capital, which earlier this year agreed to acquire cloud computing company Saba Software, is back in the market with its fifth fund, sources told Buyouts.
The target is not clear, though sources said it […]
- Load More