Madison International Realty hires Paramount Group executive Chen

Madison International Realty has hired Michael Chen as managing director overseeing global equity capital markets activities. Chen joins the firm from Paramount Group, Inc., where he worked as a vice president and co-head of capital markets. Chen was jointly responsible for creating Paramount’s capital markets group. Prior to Paramount, Chen worked as executive director for the real estate and lodging investment banking group at J.P. Morgan.


Evercore taps Monson for senior managing director

Investment bank Evercore has hired Donald Monson as a senior managing director in its technology group. The appointment becomes effective in September. Previously, Monson worked at JPMorgan where he served as a managing director and head of international internet and digital media investment banking. Monson will be based in the firm’s Menlo Park, Calif. office.


Ecommerce firm Cnova files for IPO

Global ecommerce firm Cnova 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. Morgan Stanley and JP Morgan will serve as the lead underwriters.

BC Partners could sell Spotless Group – Reuters

Private equity group BC Partners is considering selling French domestic cleaning products maker Spotless Group and is looking for a price tag of between 900 million euros ($1.23 billion) to 1 billion euros, writes Reuters. Bankers Rothschild and JP Morgan are likely to be selected to conduct the sale of the Spotless Group.


Aquiline expands team with new hire

New York-based private equity firm Aquiline Capital Partners said Monday that it has hired Reinhard Koester as an investment professional. In his new role, Koester will focus on banking and credit investments. Previously, Koester worked at J.P. Morgan where he served as a managing director and co-head of specialty finance and alternative asset managers.


VC-backed ProteinSimple files for IPO

ProteinSimple 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. The company plans on listing the stock on the NASDAQ under the ticker symbol “PRTN.” JP Morgan and BofA Merill Lynch will serve as lead underwriters. Based in Santa Clara, Calif., ProteinSimple is a provider of protein analysis. Its backers include Essex Woodlands Health Ventures, Novo AS and Domain Associates.

Chinese online retailer Jumei seeks to raise $400 mln for IPO

According to an SEC filing, Jumei International Holding Limited has filed for a $400 million IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be determined. Goldman Sachs (Asia), Credit Suisse and J.P. Morgan will serve as lead underwriters. Based in Beijing, Jumei, which is backed by Sequoia Capital and Ventech, is an online retailer.


peHUB First Read

As we move into a Masters weekend, First Read has news about top performing private equity shop Vista Equity, the potential beginning of a stock market crash and J.P. Morgan’s Blythe Masters is under investigation by federal regulators.


VC-backed Five9 raises $70 mln for IPO

Five9 has debuted its IPO of 10 million shares at $7 per share. The stock began trading Friday on the NASDAQ under the ticker symbol “FIVN.” J.P. Morgan and Barclays are the lead underwriters. Headquartered in San Ramon Calif., Five9 is a provider of cloud solutions for call centers. Its backers include Mosaic Venture Partners, Hummer Winblad Venture Partners, Partech Ventures, Adams Street Partners and SAP Ventures.


peHUB Second Opinion

In second opinion, the IRS says Bitcoin isn’t a currency, is there a bubble in the IPO market, JPMorgan’s loss of Mike Cavanagh to the Carlyle Group represents succession of all sorts and U.S. college students only have to pay $4.99 for Spotify now.


VC-backed A10 Networks debuts IPO

A10 Networks has launched its IPO after pricing its 12.5 million shares at $15 per share. The stock began trading Friday on the NYSE under the ticker symbol “ATEN.” Morgan Stanley, BofA Merrill Lynch, J.P. Morgan and RBC Capital Markets are the lead underwriters. Based in San Jose, Calif., A10 Networks is a provider of application networking solutions. Its backers include Mitsui Ventures, Triton Ventures, Harbinger Ventures, Enspire Capital and Summit Partners.


LACERA to focus on ‘top tier’ venture funds

From the looks of it, the Los Angeles County Employees Retirement Association could be one of the busiest limited partners in the industry this year, with the potential to commit up to $1.8 billion. Its investment focus will include building exposure to smaller buyout managers, as well as ‘top tier’ venture funds.

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peHUB First Read

After the weekend get up to speed on the latest happenings in the private equity universe with the lowdown on the Asian market, the CIA’s venture capital arm, JP Morgan ditching its PE unit and who’s coming and going in the world of biotech.

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