peHUB First Read

First Read kick-starts your morning with news of Google opening its first physical store in London, Univision prepares for an IPO and a jury orders “Blurred Lines” Pharrell and Robin Thicke to pay $7.3 million to Marvin Gaye’s family for copyright infringement.

Massey, van de Lubbe join Evercore

E. Thomas Massey and Marc van der Lubbe have joined Evercore’s investment banking business. Both executives are joining Evercore in May and will be based in London. Massey will be a senior MD and will lead Evercore’s Chemicals advisory franchise globally, while van der Lubbe will be an MD in the Chemicals Group focusing primarily on Europe. Massey was most recently Citgroup’s head of European M&A and van der Lubbe was an MD at Citi where he headed the investment banking franchise for the bank’s chemicals clients in the EMEA region.


peHUB Second Opinion

In Second Opinion, an ex-Qualcomm executive pleads guilty to insider trading, Greece gets a four-month loan extension and oops, 800,000 Obamacare enrollees receive false tax information.


peHUB Second Opinion

In Second Opinion, Ford isn’t falling all over itself to release a self-driving car, Google is plotting a move into auto insurance and Steve Jobs introduced the first iPhone eight years ago today.


PE-backed AltheaDx files for IPO

AltheaDx, a molecular diagnostics firm, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. AltheaDx plans on listing its stock on the NASDAQ under the ticker symbol “IDGX.” Citigroup and Jefferies are the lead underwriters. AltheaDx’s backers include Telegraph Hill Partners.


peHUB Second Opinion

In Second Opinion, Stripe raises $70 mln, Chicago approves raising the minimum wage to $13 an hour and Amazon’s Jeff Bezos says there is a succession plan but he’s not telling.


GIC to buy IndCor from Blackstone for $8.1 bln

Blackstone said late Monday that it has agreed to sell IndCor Properties to GIC, Singapore’s sovereign wealth fund, for $8.1 billion. IndCor, as a result, will no longer be pursuing an IPO, the statement said. IndCor owns and operates a portfolio of 117 million square feet of industrial properties throughout the United States. Eastdil Secured, Citigroup, Barclays and RBC Capital Markets acted as advisors to Blackstone.


VC-backed LendingClub sets IPO pricing terms

According to an SEC filing, LendingClub Corp. has priced 57.7 million shares of its IPO at between $10 and $12 a share. The stock will trade on the NYSE under the ticker symbol “LC.” Morgan Stanley, Goldman Sachs, Credit Suisse and Citigroup are the lead underwriters. Based in San Francisco, LendingClub is a peer-to-peer lending marketplace. Its backers include Norwest Venture Partners, Canaan Partners, Foundation Capital, KPCB and Morgenthaler Venture Partners.


Actor Cosby speaks at the National Action Network's 20th annual Keepers of the Dream Awards gala in New York

peHUB Second Opinion

In Second Opinion, Yahoo is now the default search engine for Mozilla’s Firefox browser, Amazon’s Fire Stick is shipping now for $39 and President Obama to act unilaterally on his new immigration plan. Plus, does Uber need some adult supervision?

Biotech firm FibroGen goes public

San Francisco biotech firm FibroGen has raised $145.8 million for its IPO after pricing its 8.1 million shares at $18 per share. The stock began trading Friday on the NASDAQ under the ticker symbol “FGEN.” Goldman Sachs, Citigroup and Leerink Partners are the lead underwriters.

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