NGP adds MD to team

Natural Gas Partners has hired Patrick McWilliams as a managing director at its Houston office. The appointment is effective immediately. Prior to joining NGP, McWilliams worked at JPMorgan Chase where he served as a managing director.

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peHUB First Read

First Read ends this beautiful spring week with news Syngenta rejected Monsanto’s $45 bln takeover bid, Fitbit files for a $100 mln IPO and defying the odds, British Prime Minister David Cameron wins the UK election.

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peHUB First Read

First Read starts your week with news of Holcim’s board rejecting Lafarge merger terms, KKR, Varde and Deutsche acquire GE Capital’s consumer finance unit for $6.3 billion and Russia’s Vladmir Putin finally makes an appearance.

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Versa recaps retailer Avenue Stores

Versa has completed a dividend recapitalization of its portfolio company Avenue Stores. JPMorgan Chase and Goldman Sachs provided the financing, which included a $90 million term loan and revolving credit facility. Avenue is a women’s fashion retailer.

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peHUB Second Opinion

In Second Opinion, the Apple Watch will cost at least $349 and be available early next year, the iPod Classic is finally dead and why most people don’t use 529 college savings plans.

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peHUB First Read

First Read explores Snapchat’s new challenge of figuring out how to introduce advertising to its free service, Alibaba founder Jack Ma is China’s richest man and the North Carolina Treasurer, Erskine Bowles and a fundraiser sparks suspicions of private equity pay-to-play.

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peHUB First Read

First Read reveals several Wall Street firms allegedly invested in Mugabe’s government amid massacre, how to 3-D print a master key that opens advanced locks and Amazon is going after Google’s core business.

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peHUB Second Opinion

In Second Opinion, CBS wants CNN if it becomes available, Goldman and JPMorgan are providing a $25 bln loan for Rupert Murdoch’s 21st Century Fox’s $73 bln takeover bid of Time Warner and Amazon confirms Kindle Unlimited.

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