Find out the latest after the weekend with this morning's First Read including a review of VCs set to profit from the biotech IPO boom, CrowdStrike raising a $30m series B and why women in tech deserve better.
1 min read · 09 September 2013
HIG Capital IV, a 2006 vintage buyout fund that raised $750 million, holds the top spot of the University of California’s buyout-related vehicles, according to data released for year-end 2012 by the university. Not faring so well from that vintage year is J.C. Flowers II LP, which comes at the bottom of the list of buyout performers.
2 min read · 05 September 2013
Platinum Equity and The Gores Group have sold Alliance Entertainment to California-based music and video wholesaler Super D. Financial terms of the transaction were not disclosed.
2 min read · 05 September 2013
The Riverside Company has added two industry veterans as advisors to its European team to help identify investment opportunities and contribute to existing investments. Senior advisor Kai Lucks comes to Riverside after 35 years at Siemens, where he ran businesses in fields ranging from engineering to nuclear power to medical equipment. And Michael Sarp brings to Riverside consumer goods industry expertise having spent his entire career as a consumer goods executive.
2 min read · 05 September 2013
Tikehau Group has added Cécile Mayer-Levi to its Paris team and Patrick Marshall to its London office. Tikehau Group is a lending player in the private debt industry since 2007 providing a full range of financing products (senior debt,unitranche, mezzanine, preferred shares).
2 min read · 05 September 2013
The Spaulding Group has appointed Mark Goodey to the position of associate for European business development. The Spaulding Group is a provider of investment performance measurement products and services.
2 min read · 05 September 2013
Tungsten Corporation has announced its intention to seek admission to trading on the AIM market of the London Stock Exchange. Tungsten Corporation was founded by Edmund Truell and Danny Truell to identify and acquire a companies within the financial services sector.
7 min read · 05 September 2013
This Thursday morning First Read brings you links to trending in China and Japan, Whisper's $21m funding and the verdict on the new Yahoo logo. And a Happy Jewish New Year to everyone.
1 min read · 05 September 2013
Online holiday price comparison providers Icelolly has completed a 17 million pound management buyout backed by Palatine Private Equity. Bradford-based Icelolly is a holiday price comparison provider. The business also trades as an online travel agent via a series of brands, as well as selling advertising space via its site traffic and email database.
4 min read · 04 September 2013
UK-based Octopus Investments has launched a 50 million pounds ($78 million) fundraise across its range of Octopus Titan Venture Capital Trusts. Launched over the last six years, the five Octopus Titan VCTs have built a strong portfolio of 38 investments across a range of diverse sectors.
5 min read · 04 September 2013
