Vista Equity Partners of San Francisco is raising its third fund with a $1.1 billion hard cap, according to LBO Wire. Its previous fund closed on $1 billion in 2000. www.vistaequitypartners.com
Jaime Guzman-Fournier has joined StepStone Group (f.k.a. Leucadia Capital Partners) as a managing director. He previously was head of the SBIC program, where he oversaw 75 professionals and a $20 billion investment portfolio. www.stepstonellc.com
Grant Allen has joined Core Capital Partners as an associate. He previously held positions at Liberty Associated Partners and Microsoft. www.core-capital.com
John Spencer has joined Palisades Capital Advisors as a managing director, responsible for the firm's restructuring advisory and pension liability risk management services. He previously was a director of the Pension Benefit Guaranty Corp.'s department of insurance supervision and compliance. He also ran its corporate finance and negotiations group. www.palisadescapadv.com
Jamie Streator has joined Cowen Group Inc. as a managing director focused on life sciences companies. He previously was a managing director and head of healthcare investments at Susquehanna Financial Group. www.cowen.com
Avi Turetsky has joined The Riverside Company as assistant director for fundraising and investor relations. He previously was with Goldsmith Agio Helms.
NEW YORK (AP) – Morgan Stanley, the No. 2 U.S. investment bank, on Wednesday reported fees from advising clients on acquisitions and stock trading lifted second-quarter profit 39 percent from the year-ago period. For the three months ended May 31, profit after paying preferred dividends rose to $2.57 billion, or $2.45 per share, from $1.84 […]
Roche has agreed to acquire Nimblegen Systems Inc., a Madison, Wis.-based maker of microarrays for the life sciences market, for $272.5 million. The deal comes shortly after Nimblegen had filed for a $75 million IPO, and represents more immediate liquidity for shareholders like Skyline Ventures (14.04%), Cargill Ventures (13.37%), Schott AG (12.71%), Brookside Capital Partners […]
Arteris Inc., a French provider of network-on-a-chip solutions, has raised $8.1 million in Series B funding. Synopsys Inc. led the deal, and was joined by return backers Crescendo Ventures, TVM Capital and Ventech. As part of the deal, Arteris has reincorporated in the U.S., with headquarters in San Jose, California and a French subsidiary in […]
HealthCare.com, a San Francisco-based provider of healthcare information services, has raised $6.1 million in first-round funding from company founders and management. The startup purchased the healthcare.com domain last year, and will eventually will provide consumers with such functionality as vertical search, online medical records and community features. www.healthcare.com