Here are the latest news updates from the weekend including New York's start-up boom, LBO and growth firm staffing trends and how to skip the VCs and attract money the crowdfunding way.
1 min read · 21 October 2013
The 2008 vintage Evergreen Pacific Partners II LP comes out top of Washington State Investment Board’s small buyout performers looking at a ranking of nineteen vehicles in that category, ranging from vintages 1994 to 2011, as of March 31, 2013.
2 min read · 17 October 2013
Blackstone has reported its third quarter 2013 results. The firm has attracted $12 billion of organic capital inflows and $53 billion in total inflows over the past year.
3 min read · 17 October 2013
The Carlyle Group and AlpInvest Partners have assumed management of two funds of funds with a focus on Indiana life sciences companies: the Indiana Future Fund, a $72.6 million fund of funds, and its $58 million successor, the INext Program. The transfer from a third party brings assets managed by Carlyle and AlpInvest in the state to approximately $438 million.
3 min read · 17 October 2013
The former chief executive of Northern Rock has resigned from Apollo Global Management, according to The Times. Adam Applegarth resigned from Northern Rock in December 2007, writes The Times.
1 min read · 17 October 2013
VTB Capital has appointed Dimitrios Kavvathas as head of global markets for Asia Pacific. In his role, Kavvathas will be responsible for managing, expanding and further developing VTB Capital’s sales, trading and origination capabilities in the region. He will be based in Hong Kong.
3 min read · 17 October 2013
TGP Investments has sold Tru-Flex Metal Hose to HBM Holdings, a holding company and investment vehicle for the privately-held ownership of the Mississippi Lime Company. Based in West Lebanon, Indiana, Tru-Flex is a manufacturer of metal hydroformed bellows and interlock flexible hoses.
3 min read · 17 October 2013
Balderton Capital has appointed Daniel Waterhouse, formerly at Wellington Partners, as a general partner. Waterhouse will be based in London and will help lead early stage investments in the software and internet sectors.
2 min read · 17 October 2013
Hastings Insurance Group has announced the placement of 416.5 million pounds of senior secured bonds. The issuer is Hastings Insurance Group (Finance) plc and the Notes will be listed on the Irish Stock Exchange.
3 min read · 17 October 2013
Find out the latest with this morning's First Read including Connecticut pension's new deputy CIO; why some start-ups have it and some don't and Facebook letting teens loose in public.
1 min read · 17 October 2013
