Today First Read brings you the latest links on alternative funding options for start-ups; how to hire great engineers; what's going on with the cloud and what Facebook should be working on next.
1 min read · 14 January 2013
Hellman & Friedman Capital Partners V takes the prize as the top-performing U.S.-based buyout fund within the $170.1 billion Canada Pension Plan Investment Board private equity portfolio. Figures are as of June 30, 2012.
2 min read · 14 January 2013
This week Highland Capital Management is advertising for a private equity analyst/associate to focus on middle market distressed/special situation investment opportunities.
2 min read · 10 January 2013
Google has made an approximately $200 million equity investment in Spinning Spur Wind Project. The wind farm is located in Oldham County, Texas. The 161 megawatt facility was built by renewable energy developer EDF Renewable Energy.
2 min read · 10 January 2013
Galena Asset Management has closed the first tranche of its Private Equity Resource Fund at USD 275 million. The fund will invest in equity and debt of small to medium-sized metals and mining companies in development or production stages.
2 min read · 10 January 2013
Marlin Equity Partners has acquired Verisae, a Minneapolis, MN-based provider of SaaS, cloud-based solutions. No financial terms were disclosed.
1 min read · 10 January 2013
Acuity Brands has acquired the assets of Adura Technologies, a developer of wireless controls and energy management solutions. Terms of the acquisition were not disclosed.
4 min read · 10 January 2013
Investcorp has acquired two portfolio acquisitions comprised of 16 high-quality office properties in the Greater Houston and Chicago metropolitan areas. The combined 900,000 square foot portfolio is valued at approximately $120 million.
2 min read · 10 January 2013
The Pritzker Group has hired Michael Nelson, former managing director of Wind Point Partners, to lead its investments in manufactured products. Nelson focused on specialty manufacturing at Wind Point Partners, where he served on the boards of several portfolio companies during his 10-year tenure with the firm.
2 min read · 10 January 2013
AMResorts has completed an equity investment by Bain Capital. Financial terms of the private transaction were not disclosed. Alex Zozaya, AMResorts’ founding president, will continue to oversee the company while taking on a new role as CEO of Apple Leisure Group. AMResorts’ executive vice president Gonzalo del Peon has been appointed president of the hospitality company.
3 min read · 10 January 2013