peHUB Second Opinion

In Second Opinion, Google hires Ruth Morat of Morgan Stanley as its new finance chief, President Obama recruits Twitter vet Jason Goldman as the White House’s first chief digital officer and the “X-Files” returns to Fox after 13 years.


EQT Infrastructure to sell Swedegas to Enagás and Fluxys

EQT Infrastructure Limited has agreed to sell Swedegas to Enagás Internacional S.L.U. and Fluxys Europe B.V. No financial terms were disclosed for the transaction that is expected to be completed by mid-April. Morgan Stanley, Vinge and KPMG advised EQT Infrastructure on the deal. Swedegas owns Sweden’s entire gas transmission network.


Carlyle closes two CLO funds at about $1.2 bln

The Carlyle Group has closed two CLO funds in the U.S. and Europe at about $1.2 billion. Morgan Stanley arranged the $670  million U.S. CLO while Barclays arranged the $527 million European CLO. Both CLOs will focus mostly on senior secured bank loans.


SimpliVity snags $175 mln Series D

Westborough, Massachusetts-based IT infrastructure company SimpliVity has secured $175 million in Series D funding. Waypoint Capital led the round with participation from return backers Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers and Meritech Capital Partners. Morgan Stanley was the placement agent for SimpliVity.


VC-backed Etsy files for IPO

Brookyn-based Etsy Inc, a marketplace where people buy and sell “unique goods,” has filed for an IPO. The number of shares to be sold as well as the stock’s pricing terms have yet to be set. Etsy plans on listing the stock on the NASDAQ under the ticker symbol “ETSY.” Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are the lead underwriters. Etsy’s backers include Index Ventures, Union Square Ventures and Accel Partners.


peHUB First Read

First Read kicks off your morning with news of Morgan Stanley agreeing to a $2.6 billion mortgage settlement, Google is reportedly considering a stake in Jawbone and Auto Trader plans to launch an IPO on the London Stock Exchange.


NCino racks up $29 mln Series B

Wilmington, North Carolina-based nCino, a provider of cloud-based bank operating solutions for the financial services sector, has closed $29 million in Series B funding. Insight Venture Partners led the round with participation from other investors that included return backers Wellington Management Company LLP and former Morgan Stanley Chairman and CEO John Mack. In conjunction with the funding, Jeff Horing, a managing director at Insight Venture Partners, has been added to nCino’s board of directors.


VC-backed semiconductor company Easic files for IPO

Santa Clara, California-based semiconductor company Easic Corp 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 IPO on the NASDAQ under the ticker symbol “EASI.” Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc will serve as the lead underwriters. Easic’s backers include Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners.


Vector to buy Saba for $9 per share

Vector Capital has agreed to acquire Saba for $9 per share in an all-cash transaction. Morgan Stanley & Co. LLC is serving as financial advisor to Saba on the deal. Based in Redwood Shores, California, Saba is an intelligent talent management solutions provider.

Sam Smith poses with his awards during the 57th annual Grammy Awards in Los Angeles

peHUB First Read

First Read groggily wakes you up with news Alibaba is investing $590 mln in smartphone maker Meizu, HSBC is said to have helped conceal $100 bln in Swiss accounts and Sam Smith triumphs at the Grammys, winning four top awards.


Morgan Stanley raises about $1 bln for second mezzanine debt fund

Morgan Stanley has received about $1 billion for its second mezzanine debt fund. The LPs for Morgan Stanley Credit Partners II include unnamed global institutions and high net worth individual investors. According to the firm, it has already deployed more than $144 million from the fund in four portfolio companies.

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