PE HUB First Read

China’s renminbi is approved by IMF as a main world currency.

AOL President Bob Lord to leave company.

Apple CEO Tim Cook to receive Robert F. Kennedy Center Award.

Trump contemplates boycotting next Republican debate, which will air on CNN, unless the network gives him $5 million.

Hipchat-maker Atlassian seeks to raise $370 million for its IPO.

AppDynamics raises $158 mln, showing appetite of late-stage investors.

The Federal Reserve ends its “too big to fail” lending to collapsing banks.

A day after India announced robust GDP growth, Reserve Bank of India President Raghuram Rajan keeps key policy rates unchanged.

Russia accuses Turkey of aiding ISIS oil trade.

Chinese artist creates a brick from Beijing’s smog that he vacuumed.

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Chart of the week: Bigger is better for PE funds: Pitchbook.

LA’s Aurora hits market with fifth flagship fund.

Editor’s letter: From unicorns to Ellen Pao, what ranks as the VC story of the year?

Photo of yawning leopard courtesy of Vladimir Wrangel/