Chairman and CEO of JP Morgan Chase Dimon arrives at the White House in Washington

peHUB Second Opinion

In Second Opinion, JP Morgan Chase CEO Jamie Dimon has throat cancer, Facebook buys LiveRail, Target doesn’t want shoppers to carry guns now, plus a shirtless jogger gets into a heated argument with Rob Ford and becomes an instant hero.

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Trending on peHUB this week: CalPERS, OMERS, JP Morgan Chase, Russell Investments, HGGC, MassPRIM, Cambridge, TPG Capital, dry powder, VC returns, PE jobs and direct investing.

Blackstone to sell Alliant to KKR

KKR is buying Alliant Insurance Services from the Blackstone Group. Financial terms weren’t announced. Alliant’s management and employees own about 45% of the company and are rolling over a “substantial portion,” a statement says. Alliant is a specialty insurance brokerage firm. The deal is expected to close in fourth quarter. JP Morgan Chase and Blackstone Advisory Partners acted as financial advisors to Blackstone.

Reuters – JPM, London Fund Invest in Dubai E-commerce Co

J.P. Morgan Chase and Blakeney Management have invested over $20 million in a Dubai-based e-commerce firm which sells designer clothing, writes Reuters. Namshi, a start-up launched late in 2011, aims to benefit from growth in the number of Internet users around the region.

Vector Sweetens Technicolor Offer

Vector Capital has boosted its offer for Technicolor to €2 a share but all other terms remain the same. Vector is vying with J.P. Morgan Chase to buy a stake in the French set-top maker. Earlier this week, Technicolor rejected a revised offer from J.P. Morgan. PRESS RELEASE In order to confirm our strong enthusiasm […]

Freepoint Commodities Buys J.P. Morgan’s Metal Concentrates Unit

Greenwich, Conn.-based Freepoint Commodities, founded last year by former RBS Sempra executives, is acquiring the Stamford, Conn.-based mineral concentrates unit of J.P. Morgan Chase & Co. REUTERS NEWS: Freepoint Commodities LLC will buy J P Morgan Chase & Co’s physical metal concentrates business, reuniting chief executive David Messer with more of his former Sempra compatriots […]

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