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Have Breakfast with Tom Peters

By Dan Primack — 11 years ago

Tom Peters, author of legendary biz book In Search of Excellence, has just agreed to give a keynote address at Buyouts Symposium East. And now you and your team can spend some 1-on-1 time with him. If you register for Buyouts Symposium by March 30, you will be entered into a random drawing to have […]

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peHUB Presidential Survey

By Dan Primack — 11 years ago

The presidential season has arrived on Wall Street, with candidates rushing to prostrate themselves in front of financial powerbrokers. You can find out who Henry Kravis, etc. are backing in this New York Observer piece. But we want to know who YOU are supporting. So we’ve put together a nifty little survey that asks three quick questions: (1) […]

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AA Capital Story Gets Stranger

By Dan Primack — 11 years ago

The strange case of AA Capital Partners has gotten stranger – and this time it’s a limited partner that appears to be acting badly. For those who don’t remember, AA is the Chicago-based private equity firm that last September was accused of misappropriating at least $10.7 million from its six union pension fund investors. Specifically, […]

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Apple Doesn’t Need VC

By Alexander Haislip — 11 years ago

Apple, Apple, Apple. It’s a drum the business/tech press loves to beat because it supplies a veritable treasure trove of page views. People love reading about Apple. So it’s no surprise that journalists have taken to speculating on what the iconic company should do with its $12 billion cash stash. BusinessWeek’s Arik Hesseldahl dismisses buybacks […]

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Sun Capital’s 4x Return

By Mark Cecil — 11 years ago

LPs in Sun Capital’s next fund are looking at a different kind of 4x return. Return 4x what you committed to Sun’s last fund. Sun Capital’s latest fund will close on $6B in early April, rocking its $4B target and quadrupling what it raised in 2005. With that, the firm has just joined the illustrious ranks, along […]

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The Uncharitable Rudy Giuliani

By Dan Primack — 11 years ago

In early February, my corporate overlords sent word that Rudy Giuliani had agreed to deliver a keynote address at the Buyouts Symposium East conference in April. It was a big get for us, particularly considering that he was a de facto presidential candidate and had become a near-mythological hero after 9/11. It also was a bit […]

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Europe’s Class War Takes to the Streets

By Amanda Palmer — 11 years ago

Surprisingly, I managed to avoid the protesters last night at Claridge’s for the BVCA Chairman’s dinner in London. But my deputy editor was not so fortunate in Frankfurt at the Superreturn conference where delegates faced around 300 protestors with leaflets that read: “Texas Pacific Group is behind the aggression on female workers and employees of […]

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Cisco Plans VC in Russia

By Alexander Haislip — 11 years ago

Cisco Systems is preparing to invest in Russia and Eastern Europe this year as a limited partner and, potentially, as a direct investor, PE Week has learned. The San Jose, Calif.-based networking giant, which has ramped up international venture activity for the past year-and-a-half, is evaluating funds with Eastern European expertise to potentially invest as […]

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Buyouts Buoy CalPERS Returns

By Alexander Haislip — 11 years ago

No wonder buyout shops are managing to raise more money now than ever before. They’re outperforming VCs for every vintage year since 2001, at least according to the latest returns posted by the California Public Employees’ Retirement System. Buyout funds represent the top three performers in the pension fund’s Alternative Investment Management Program for every […]

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In Memoriam: Muzzi Mirza

By Dan Primack — 11 years ago

Odyssey Investment Partners co-founder Muzzafar “Muzzi” Mirza passed away last Friday night at the age of 49, after a battle with pancreatic cancer. A memorial service is being planned for March 29 at the Hyatt Regency in Greenwich, Connecticut. Muzzi began his private equity career in the early 1980s, as a member of Marine Midland […]

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Kleiner Perkins Likely to Exceed Cleantech Goal

By Joanna Glasner — 11 years ago

Kleiner Perkins Caufield & Byers will likely exceed its planned $200 million outlay for clean technology companies in its current fund, general partner Ray Lane told attendees at the Global Technology Symposium in Palo Alto, Calif. Menlo Park-based Kleiner Perkins announced in September that it would double its investment allocations for environmentally friendly, or green […]

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Ripe for the Challenge

11 years ago

Never underestimate the motivational power of a noble challenge. That lesson came through loud and clear to me last week as VCs from across the country visited local schools as part of EntrepreneurshipWeek USA. While scores of students responded to the National Venture Capital Association’s challenge to develop ideas that can change the way we live, one […]

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The Tax Man Cometh?

By Dan Primack — 11 years ago

The convergence of hedge and private equity funds has been one of the most overplayed stories of the past few years, but the linkage seems to have beencemented in the minds of folks like Senator Chuck Grassley (R-IA). This isn’t to say that Grassley can’t distinguish between hedge and private equity (he can), but rather […]

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Blackburn Lands at Hamilton Lane

By Dan Primack — 11 years ago

I really don’t want to keep writing about the travails of Pacific Corporate Group, and agree with some critics (mostly within PCG) who suggest that it’s devolving into dangerous obsession. But as long as the scoops keep coming, I’ll keep sharing… The latest is that Tara Blackburn has agreed to join Hamilton Lane Advisors, effective […]

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VCs Oppose India Options Tax

By Alexander Haislip — 11 years ago

Kleiner Perkins Caufield & Byers has entered into a consortium of entrepreneurs and venture capitalists lobbying India’s minister of finance to rescind plans to tax stock options that companies grant to employees, partner Ajit Nazre told PEHub.com. Minister of Finance P. Chidambaram announced the 35% options tax at the end of February in a speech […]

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Draper Still Eyeing Russia, Turkey

By Joanna Glasner — 11 years ago

Draper Fisher Jurvetson’s efforts to start a fund focused on Russia and Ukraine are still underway, managing director Tim Draper told attendees of the Stanford Global Technology Symposium Thursday in Palo Alto, Calif. “We’ve had two false starts and we keep plowing ahead,” Draper said. “We’re running as fast as we can.” DFJ is also […]

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5 Questions for Bob Boldt

By Dan Primack — 11 years ago

Bob Boldt, former head of the University of Texas Investment Management Company (UTIMCO), today joined Perella Weinberg Partners as head of a new asset management unit called Agility. Bob is an unsung private equity legend, so let’s ask him 5 Questions: 1. Many press reports of your hiring suggest that this is yet another case of […]

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Unsung PE Legend Joins Perella Weinberg

By Dan Primack — 11 years ago

Bob Boldt, former head of the University of Texas Investment Management Company (UTIMCO), has agreed to join Perella Weinberg Partners as head of a new asset management unit called Agility. He actually had stepped down from UTIMCO late last year, but his destination was only revealed today. The lead story here is that yet another […]

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