Private Equity Balling

A couple of basketball-related notes: First is our March Madness Extravaganza, which comes to close tonight when either Kansas or Memphis wins the national championship. If Kansas prevails, our winner will be Canadian university student Adam Vaughan, who says he wants to get into finance post-graduation. If Memphis ends up on top, the various prizes will go to Matt Coyne, who already has a job with Pathway Capital Management.

Also, I wanted to give some pub to a charity event taking place on April 17th in New York. It’s the 11th Annual NetGain Tournament, which kicks off with a game between big-name hedge fund and private equity managers, while the actual round-robin competition includes team entries from such places as AlpInvest Partners, Clayton Dubilier & Rice and JP Morgan Securities. Plus, celebrity coaches include ex-NY Knicks like Walt Clyde Frazier and Allan Houston.

All proceeds go to benefit Youth Inc., which helps improve nonprofits serving children. Go here for more info on the event.