Morgan Stanley Venture Partners (a.k.a. Crossmark Capital) has canceled plans to raise a $300 million fund, and will instead shut down. News of the move was first reported by Private Equity Insider.
Snow Phipps Group has closed its debut fund with $620 million in capital commitments. The New York-based firm will focus on middle-market investments, and was founded by Ian Snow and Ogden Phipps. The firm also features seven operating partners, including Jim Amos (former CEO of Mail Boxes Etc.), Paul Chellgren (former CEO of Ashland Inc.), Andrew […]
Lim Meng Ann has joined Actis as a partner in charge of activities in China. Meng Ann previously was an executive vice president with GIC Special Investments, where he was responsible for China. Actis has invested over $100 million in China over the past year. www.act.is
Ezra Field is joining Roark Capital as a managing director, according to LBO Wire. He previously was with ACI Capital Co. www.roarkcapital.com
Simon Hirtzel has joined European venture debt firm Kreos Capital as chief operating officer. He previously was with PA Consulting Group, where he most recently served as CFO. www.kreoscapital.com
Henry Jennings and Matthew McFall have joined Lockton Cos., as members of its Private Equity Client Advisory practice. Jennings will be a London-based senior vice president and global practice leader, after previously having served in similar positions with Integro and Aon's M&A group. McFall will work out of San Francisco, and previously was with Diversified […]
Georges Terrier and Christophe Perchet have joined the French law practice of Davis Polk & Wardwell, as partners. Both men previously were attorneys with Jeantet, and focus on M&A transactions and other corporate work. www.dpw.com
Atritech Inc., a Minneapolis-based developer of minimally-invasive technologies for the prevention of atrial fibrillation related stroke, has raised $22 million in Series D funding. SightlLine Partners led the deal, and was joined by fellow return backers like Prism VentureWorks, Split Rock Partners, Tullis-Dickerson, Thoma Cressey Bravo and Affinity Capital Management. The company has raised over […]
The Carlyle Group has closed its third European buyout fund with $7 billion in capital commitments. The firm's first European buyout fund closed in 1998 with EUR 1 billion, while its next one closed on EUR 1.8 billion in 2005. It has invested EUR 3.7 billion to date in European buyouts, and returned EUR 7.2 […]
MyPublisher, a New York-based provider of online photo books and other deisgn software for digital photographers, has raised $8.9 million in new VC funding. Mousse Partners led the deal, and was joined by Jerome York, Ward Woods and return backers Novestra, Thorpe McKenzie, W.B. Avery and company founder Carl Navarre. www.mypublisher.com