Warn-Schindel joins HarbourVest Partners

Kevin Warn-Schindel has joined HarbourVest Partners as a Managing Director based in Boston. He will lead the Real Assets investment program which includes a focus on energy, infrastructure, natural resources, and real estate. Warn-Schindel was previously Group Head and Managing Director of the OPTrust Private Markets Group, an investment unit of OPTrust, a Toronto-based defined benefit pension plan.

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After home run debut fund Garnett & Helfrich considers a second: Buyouts

Terry Garnett and Dave Helfrich, the guys behind technology buyout firm Garnett & Helfrich Capital, could probably raise a second fund. The question is, why haven’t they? Their first fund, a $350 million vehicle put together nearly a decade ago, has performed remarkably well, sister magazine Buyouts reports.

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HarbourVest-backed Kinaxis trims IPO price: Reuters

Kinaxis Inc trimmed the expected offer price of its initial public offering on Tuesday, in a sign that market demand for the Canadian software company’s equity issue may not be as hot as originally expected, Reuters reported.

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GTS sold to Deutsche Telekom

GTS has been sold to Deutsche Telekom for 546 million euros. GTS is an infrastructure-based telecommunications service provider in South East and Eastern Europe. It is currently owned by a consortium of international private equity firms including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners.

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Online home decor retailer Wayfair grabs $157 mln

Wayfair said Friday that it has closed $157 million in Series B financing. T. Rowe Price Associates led the round with participation from TripAdvisor CFO Julie M.B. Bradley. Headquartered in Boston, Wayfair is an online retailer of home furnishings and decor. Its backers include Battery Ventures, Spark Capital, HarbourVest Partners and Great Hill Partners.

HarbourVest Partners appoints König as MD

HarbourVest Partners has appointed Olav König as a managing director and head of sales and client service for Europe, the Middle East, and Africa. In this role König will expand and enhance HarbourVest’s relationships with investors and their advisers in the EMEA geographic region.

Wayfair Raises $36.3M From Battery, Great Hill, HarbourVest & Spark

Wayfair.com said it raised $36.3 million in equity financing from Battery Ventures, Great Hill Partners, HarbourVest Partners and Spark Capital. The money will be used to grow Joss & Main, the company’s private sale site for the home. The site has nearly three million members and is operating at a $100 million annual revenue run-rate.

CHAMP Ventures Acquires Majority Stake in Sea Swift

CHAMP Ventures 7 Funds has acquired a majority interest in the Queensland-­based marine logistics company Sea Swift. HarbourVest Partners is investing alongside CHAMP. Sea Swift has over 300 staff and 25 vessels, with current turnover of approximately $100 million.

HarbourVest To Buy Conversus PE Portfolio

HarbourVest Partners has agreed to buy the private equity portfolio held by Conversus Capital for $1.4 billion, or $22.11 per Conversus unit as of April 30. The deal is expected to hold an initial close during Q4 with subsequent closings occurring throughout 2013. In February, Conversus announced a review of strategic alternatives, including a possible […]

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