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Alsop-Louie Set To Close First Fund

By Alexander Haislip — 11 years ago

Alsop-Louie Partners is expected to hold the final close on its inaugural fund in December, pending limited partner approval of a fund size increase, PE Week has learned. The firm secured its $75 million target, but one of its LPs wanted to up its allocation by as much as $10 million. A final close higher […]

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Set Your TiVo (Updated)

By Dan Primack — 11 years ago

I’m tentatively scheduled to be on CNBC’s Closing Bell at 3:30 this afternoon, to discuss a variety of possible public-to-private buyouts. Expect discussion of such companies as Clear Channel, Tribune and (it’s back) Ford Motor Co. Expect me to say yes, why and no. 4:10pm Update: Ummm…. Not quite the topics you were expecting? Me […]

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Bush War on Medical Research Defeats Republican Senate

11 years ago

Sure, the biggest factor in the Republican loss of Congress was public discontent with the war in Iraq. Even so, Republicans would have held control of the Senate if the Bush administration were not waging a second war on major elements of modern medical research.  Fact: The Bush administration has done almost everything in its power to […]

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To Patent or Not to Patent (and Mutual Assured Destruction)

11 years ago

In October, I attended the Ocean Tomo Patent Auction in NYC. I was surprised to see that I was one of three venture capitalists in attendance reviewing the inventory of patents changing hands. What? No Web 2.0 discussions or golf?  Why bother? The Ocean Tomo Fall 2006 Live Intellectual Property Auction netted nearly $24 million, more than […]

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Canadian buyout sector soars

By Alastair Goldfisher — 11 years ago

The numbers for Canadian private equity investing are due to come out today and one thing to take from the report is that buyouts are soaring up north. Sure, Canadian buyout fund-raising can’t hold a candle to what The Blackstone Group and other mega fund-raisers do in a few weeks’ time, but what’s going on […]

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Inaugural Deal of the Week

By Dan Primack — 11 years ago

Welcome to a new feature here at peHUB, even though “new” is about as self-obvious as “horrifying” when referring to a Doc Rivers coaching decision. Each Friday, I’ll select a Deal of the Week from the preceding five days. The only consistency I can promise is a total lack of it. This is subjective, not […]

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Pioneering Markets

By Dan Primack — 11 years ago

Think you’re adventurous because you invest in China or India? Have some courage. Invest in Libya. That’s right, I said Libya – the country best known to Americans as the homeland of Muammar Qaddafi and those VW van drivers who tried to kill Doc Brown. Seems times have changed (except for the part about Qaddafi […]

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Of Snipers and Virgins

By Bart Schachter — 11 years ago

I wonder how long the Middle East War analogy can carry me into the PEHUB universe. BTW, how do you pronounce peHUB? PEE-HUB? PEE-WEE-HUB? Judging from the responses to my virgin steps onto the blogosphere, I think that’s probably pretty close. I’ve been tracking recent military developments in Iraq to learn that, in addition to […]

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The Story That Won’t Die

By Lawrence Aragon — 11 years ago

The “VC model is broken” story refuses to die. I just got an email from a Financial Times writer looking into the canard put forth by Sevin Rosen Funds in a letter to its LPs last month. And Bart Schachter from Blueprint Ventures stirred up some, uh, stuff with his “72 virgins” post on the […]

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A Dollar and a Dream

By Chris — 11 years ago

Anyone remember Curtis Sharp? A long time ago, Curtis won a $5 million New York Lottery jackpot and he spent the rest of the 1980s sashaying around New York in bespoke suits and bowler hats attracting crowds wherever he went. Curtis was the Man. Charismatic and impish, Curtis was the Toast of the Town. I […]

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Silver Lake Partners w/ Shah

By Dan Primack — 11 years ago

Silver Lake Partners and Shah Capital Partners are teaming up to raise a new fund focused on middle-market technology companies. Formal marketing is expected to begin in Q1 2007, with a target capitalization of between $750 million and $1.5 billion. Some market watchers had thought that Silver Lake would not launch the middle-market fund until […]

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Top Quartile — Who’s counting

11 years ago

For those of you who know me, you know that returns, performance and benchmarking issues are near and dear to me – after all, my first child’s initials are IRR. I swear it was not intentional – just call it karma. I recently took our second child, (no weird acronyms here to make fun of, […]

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Should VCs Write Blogs?

By Clint — 11 years ago

This question seems to come up quite a bit among LPs and GPs: Should a general partner at a VC firm spend time writing a blog, when it appears to be such a time-consuming process? Why would VCs even consider creating blogs to document thoughts or musings about the industry at large, when there are […]

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5 Questions: Jim Eisenstein of Optasite

By Dan Primack — 11 years ago

Optasite Inc., a Westborough, Mass.-based cellular tower company, today announced that it has secured a $150 million credit facility from Morgan Stanley. This brings the company’s total private capitalization to over a quarter-billion dollars (including $65m of pure VC funding). So let’s play Five Questions with company CEO Jim Eisenstein, whose past gigs include CEO […]

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VenturePAC Takes Electoral Hits

By Dan Primack — 11 years ago

VenturePAC, a political action committee managed by the National Venture Capital Association, is one of most bi-partisan business PACs in Washington – which is to say that it only gives about two-third of its money to Republican Party candidates. This means that its post-election wounds aren’t life-threatening, but they sure are noticeable. According to data […]

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VC Learnings for Make Benefit Glorious Future

By Bart Schachter — 11 years ago

72 virgins. We all know who gets them. No, I’m not talking about Al Queda or the Taliban. I’m looking closer to home, right here in our VC backyard. One the industry’s most venerable VC firms yanks the megaphone from the hands of the New York Times and the Wall Street Journal to pronounce its […]

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Commercial Banks and I-Banks: Not a Natural Fit

By Kelly Deponte — 11 years ago

I believe that there are natural reasons for commercial banks to get out of private equity investing: Commercial bank on-balance sheet capital is quite different from that of I-banks, and the issue of conficts for I-banks is real. First some perspective – I worked for a commercial bank in the US for 15 years, the […]

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Technology in PE

By Jon Nieman — 11 years ago

There are some interesting technologies that I have come across in private equity that I wanted to talk about and would love to hear feedback from you all. In structured products involving private equity, there are some compelling technologies involving cash flow modeling, risk analysis and other related tools. For instance, I know of one […]

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