Staff Writer

Dodd Bill’s Impact on VC and PE

Analysis of financial regulatory reform bill on venture capital and private equity firms

The VCJ 20 Most Promising Startups

Cloudera tops Venture Capital Journal’s inaugural list of the most promising companies financed in the past year

Private Advisors Scraps Euro Fund-Raising

Partner says firm could not find enough LP interest for a European small-company buyout fund and a global PE fund focused on the lower mid-market

Finally, Some Fund-Raising Relief

If you’ve been having trouble raising capital, be sure to look into a new programme from the British government aimed at eventually putting £1 billion into venture firms

Juniper Routes Into Venture

Senior Vice President Luis Avila-Marco explains why the networking giant launched the Junos Innovation Fund and what it brings to the table

A Revealing Look at Mysterious DST

Few were familiar with Russia’s Digital Sky Technologies before it rocked the Internet world with its investments in Facebook and Zynga. Just who are these guys, anyway?

SOX Needs to be Revised to Strengthen Corporate Boards

Attorney Brian Rowbotham explains how Sarbanes-Oxley perpetuates two big problems with corporate boards

Prometheus Labs Signs R&D Deal with Bayer Schering

Prometheus Laboratories Inc., a San Diego-based drug and diagnostics company, has signed an oncology research collaboration and license agreement with Bayer Schering Pharma AG. The deal could be worth upwards of $160 million in up-front and milestone payments. Prometheus is in registration for a $100 million IPO, and has raised around $73 million in VC funding from DLJ Merchant Banking Partners (21.4% stake), Split Rock Partners (17.4%), New Leaf Ventures (12.5%), Apax Partners (11%) , Wachovia Capital Partners (11%) and Brentwood Venture Capital (7.5%).

Konarka Raises $20 Million from Konica Minolta, Signs R&D Deal

Konarka Technologies Inc., a Lowell, Mass.-based developer of flexible solar energy technology called “Power Plastic,” has raised $20 million in strategic funding from Konica Minolta. The two companies also signed an R&D collaboration deal, to jointly develop and distribute organic thin-film photovoltaics. Konarka previously raised around $175 million from 3i Group, Ardesta, Angeleno Group, Chevron Technology Ventures, Draper Fisher Jurvetson, Good Energies, Massachusetts Green Energy Fund, NGEN Partners, New Enterprise Associates, Presidio STX, Siemens Venture Capital, Total Gas & Power and Vanguard Ventures.

LP News, March 2010

News briefs about European LPs, including Hermes Private Equity, EBRD, International Finance Corp., Första AP-fonden and Absolute Private Equity