Private Equity
Jami Wintz McKeon has become chair of global law firm Morgan Lewis. She succeeds Francis M. Milone, who held the position since 1999.
3 min read · 02 October 2014
Duff & Phelps Corporation has opened a new office in Frankfurt. Daniel Kittlauss and Dr. Timo Willershausen, managing directors, will jointly lead th new office.
2 min read · 02 October 2014
Graham Holdings Company has named Timothy O’Shaughnessy, co-founder and former CEO of LivingSocial, as its president. O’Shaughnessy stepped down as chief executive officer of LivingSocial in August. During his tenure, the e-commerce and marketing company grew to sales of nearly $2 billion.
3 min read · 02 October 2014
Three Hills Capital Partners has reached a final close of its first fund at the hard cap of 100 million euros ($127 million) reaching the high-end of the initial target. Three Hills Capital Partners was founded in November 2013 by Mauro Moretti, a former partner at Hutton Collins which he joined in 2008 from BC Partners.
2 min read · 02 October 2014
Stealth tech startup C3DNA has raised a $2 million seed round. The financing was led by Kumar Malavalli, co-founder and former CTO of Brocade Communications. The round also included C3DNA CEO and serial entrepreneur Paul Camacho, among other unnamed parties.
2 min read · 02 October 2014
This morning First Read brings news of Quantum's Fund VI progress, KKR appointing a relationship management expert, healthcare opportunities apparently exploding and PE fundraising slowing in Q3 2014.
1 min read · 02 October 2014
Welsh, Carson, Anderson & Stowe has sold portfolio company GlobalCollect to Ingenico Group. WCAS generated sale proceeds of approximately $815 million, which will be distributed to the partners.
2 min read · 01 October 2014
Macquarie Group's Macquarie Infrastructure and Real Assets (MIRA) has reached a final close of Macquarie Infrastructure Partners III on its $3 billion hard cap. The fund exceeded its $2 billion target.
1 min read · 01 October 2014
Palladium Equity Partners has backed Pronto General Agency. Headquartered in Brownsville, TX and founded in 1997 provider of auto insurance solutions and other insurance products.
3 min read · 01 October 2014
Galena Asset Management has closed its first private equity resources fund with $400 million of total committed and invested assets. The fund invests in both the equity and debt of small-to medium-sized metals and mining companies.
3 min read · 01 October 2014