Both the $251 billion California Public Employees’ Retirement System (CalPERS) and the $150 billion California State Teachers’ Retirement System (CalSTRS) have openings for investment professionals to focus on private equity.
3 min read · 17 January 2013
PICS Auditing, an SaaS and tech-enabled services business has secured a $35 million minority equity investment from Norwest Venture Partners. The firm's Jon Kossow and Rob Arditi have joined PICS’ board of directors.
4 min read · 17 January 2013
Hong Kong-based global network and satellite communications service provider SpeedCast has completed a buyout of Elektrikom Satellite Services, a maritime satellite communications service provider based in the Netherlands. TA Associates is SpeedCast's majority shareholder.
4 min read · 17 January 2013
Baron Point Financial has appointed Teerapol Pussadet as a senior advisor to the directors of Baron Point. Pussadet has agreed to work with Baron Point’s senior management on strategic initiatives and to give advice on the company’s structuring capabilities.
4 min read · 17 January 2013
Saint Francis Care and Ascension Health Care Network have announced the signing of an exclusive Letter of Intent, opening the way for Saint Francis Care to join Ascension Health Care Network. Ascension Health Care Network is an affiliate of Ascension Health Alliance, the largest Catholic health system in the nation.
4 min read · 17 January 2013
Horizon Care has completed the strategic acquisition of Educare Adolescent Services. Horizon Care is backed by NBGI Private Equity and is a UK-based provider of specialist care and education to children with severe and complex needs.
3 min read · 17 January 2013
Merit Capital Partners has announced three transactions - a majority recapitalization of Crown Products & Services, the acquisition of Structural and Steel Products and an add-on acquisition for U.S. Minerals. Merit has now made 11 platform investments through Merit's Fund V, which has $612.5 million of committed capital.
3 min read · 17 January 2013
OnApp has closed a Series B round of funding, bringing total funding to more than $20 million. Existing investor, LDC, a UK private equity house focused on growth businesses, led the round.
3 min read · 17 January 2013
Century Park Capital Partners has promoted Guy Zaczepinski to partner. Zaczepinski was previously principal with the firm.
2 min read · 17 January 2013
General Catalyst Partners has hired Dr. Stephen Herrod in its Palo Alto office as a partner. Herrod joins General Catalyst from VMware, a virtualization and cloud infrastructure solutions business, where he served as the company’s chief technology officer and senior vice president of research and development.
3 min read · 17 January 2013
