Qatalyst Group, a technology-focused independent investment bank, has appointed Marcie Vu as a partner. Vu, most recently head of consumer Internet investment banking at Morgan Stanley, will be based at Qatalyst's San Francisco headquarters and will advise technology companies and private investment firms on mergers & acquisitions and strategic investments in the internet sector globally.
3 min read · 26 March 2013
Shoreline Capital, a Chinese distressed debt and special situations investment firm, has closed its second fund at US$303 million. The fund significantly surpassed the size of Shoreline’s first fund, which amassed $178.2 million of commitments in 2008. The firm has already invested over one third of the new fund’s committed capital.
3 min read · 26 March 2013
PGT has filed a shelf registration statement with the U.S. Securities Exchange Commission on Form S-3 pursuant to a notice from JLL Partners Fund IV, LP, the holder of approximately 62 percent of the company's outstanding common stock, under a registration rights agreement between JLL and the company. PGT is a US manufacturer and supplier of residential impact-resistant windows and doors.
4 min read · 26 March 2013
Wellington Partners has appointed Stuart M. Essig as a new venture partner for the life science investment team. Essig currently serves as chairman of the board of directors of Integra Life Sciences, a NASDAQ-listed company he built during his tenure as CEO to more than $800 million in revenues and $1.6 billion in enterprise value.
3 min read · 26 March 2013
This morning First Read brings you the truth about private equity and hedge funds; Sanofi seeking more VC deals and an analysis on the internationalization of high tech start-ups.
1 min read · 26 March 2013
Silicon Legal Strategy has appointed Julie Gleason as a senior paralegal working in its San Francisco office. Before joining Silicon Legal, Gleason was a senior paralegal in the emerging companies group at Perkins Coie LLP in Palo Alto.
2 min read · 25 March 2013
24/7 Media, WPP Digital's marketing technology company, has appointed Christina Van Tassell as chief financial officer. She is responsible for the financial operations for 24/7 Media and its two divisions, real media group and media innovation group.
2 min read · 25 March 2013
Prospect Capital Corporation has provided a $200 million first-lien senior secured credit facility to support the refinancing of a logistics services portfolio company controlled by H.I.G. Capital. The H.I.G. portfolio company is a provider of third-party logistics services.
3 min read · 25 March 2013
Warner Bros Interactive Entertainment has formed WB Games San Francisco, a new, digital video game studio in San Francisco, California. The studio will specialize in developing and publishing high-quality, free-to-play, mobile, social and browser-based games. Greg Ballard, Warner Bros. interactive entertainment’s senior vice president of digital games, will lead the studio.
2 min read · 25 March 2013
Sophia Search has appointed Bill Roth as vice president of products and marketing. This follows the company’s recent Series A funding round which raised $3.7 million. Roth will lead Sophia’s product management, marketing, and demand generation efforts as the company continues its rapid sales and brand expansion.
3 min read · 25 March 2013