This morning in First Read, Obama nominates a VC, PE is drawn to healthcare and a look at the hottest US housing markets so far this year.
1 min read · 01 May 2013
This week peHUB has earmarked venture vacancies at veteran technology investor Benchmark Capital and life sciences specialist Bay City Capital. There are also various associate and senior associate positions up for grabs.
2 min read · 30 April 2013
Investcorp, a global provider and manager of alternative investment products, has agreed the sale of Armacell to Charterhouse for over 500 million euros ($653.6 million). Based in Germany, Armacell is a manufacturer of flexible technical insulation materials.
2 min read · 30 April 2013
Law firm WilmerHale has appointed two high tech lawyers David Gammell and Edwin Pease as partners in the corporate group. Together, Gammell and Pease have more than 30 years of experience focusing on emerging companies, venture capital, mergers and acquisitions and related matters.
3 min read · 30 April 2013
Resource Capital Corp. has closed a $44 million bridge loan secured by a 186,000 square foot grocery anchored retail center in Los Angeles, CA. Major tenants include a Ralph's supermarket, Orchard Supply, CVS and Bank of America.
3 min read · 30 April 2013
Cloud-based network solutions company, Aepona, whose largest venture investor is Amadeus Capital Partners, has been acquired by Intel. Details of the transaction have not been divulged.
2 min read · 30 April 2013
Singapore based-Armstrong Asset Management has appointed Yasushi Ujioka as investment director. Ujioka has 17 years’ experience as an engineer and investment professional in the water, power generation and energy efficiency sectors across Europe and Asia.
3 min read · 30 April 2013
Intel Capital has boosted its investment team with the appointment of a new investment director, Tobi Oke, based in Lagos, Nigeria. Oke will focus on investments in Sub-Saharan Africa.
2 min read · 30 April 2013
FF&P Private Equity, the private equity business of Fleming Family & Partners, has backed the buy-in management buyout of specialist energy efficiency business, FIT. The acquirer, Efficient Energy Management Group, majority owned by FF&P Private Equity, intends to capitalise on the demand for energy efficient commercial kitchens, as energy costs have more than doubled over the last 10 years.
3 min read · 30 April 2013
This morning, First Read brings you the lowdown on Accel's new venture partner; the latest corporate market chatter; Norway's sovereign wealth fund and why Microsoft Azure is worth a billion.
1 min read · 30 April 2013
