This Tuesday morning First Read brings you Indiana's top venture performers, the 2013 Annual Venture Capital and Angel Funding Report, a new alternative asset business for Royal Bank of Canada’s wealth management division and why education is doing it for the VC world.
1 min read · 17 June 2014
This week there are analyst and associate positions at Gores Group, MHS Capital and TPG Capital. There are also pension fund vacancies at CalPERS and Oklahoma Teachers Retirement System.
2 min read · 16 June 2014
Two of Merlin Entertainments' private equity backers sold 100 million shares in the British theme park owner for 366 million pounds ($615 million), writes Reuters. Plans to place the shares by CVC Capital Partners and Blackstone Group via Deutsche Bank and Morgan Stanley were announced after Thursday's close.
1 min read · 16 June 2014
Lucid has raised $8.2 million in Series B funding. Formation 8 Partners led the round, which included investment from Zetta Venture Partners. Oakland, California-based Lucid is a buildings software business.
3 min read · 16 June 2014
M and M Direct is to be acquired by BESTSELLER. M and M has been owned by TA Associates since 2007.
2 min read · 16 June 2014
The Carlyle Group has selected Robert Yates as chief operating officer of Ortho-Clinical Diagnostics subject to the close of Carlyle’s acquisition of OCD from Johnson & Johnson. In this newly-created role, Yates will report directly to incoming OCD chairman and CEO Dr. Martin Madaus.
3 min read · 16 June 2014
Actis has completed the acquisition of the majority interest in three power assets in Cameroon from The AES Corporation. Actis will pay $202 million for a 56% stake in Cameroon’s national integrated utility, Société Nationale d’Electricité (SONEL), and in two independent power plants, Kribi and Dibamba.
3 min read · 16 June 2014
Pulsant, a provider of IT infrastructure services to medium sized businesses in the UK, has been sold by Bridgepoint Development Capital to Oak Hill Capital Partners. The value of the transaction was not disclosed.
2 min read · 16 June 2014
CapMan Buyout X fund has acquired a majority holding in Malte Månson. Founded in 1918, Malte Månson operates a chain of service workshops for commercial vehicles in Sweden.
2 min read · 16 June 2014
Catch up on the latest news after the weekend including what not to do when raising a private equity fund, four things every entrepreneur should know about getting into a VC deal and why equity contributions are falling in US leveraged buyouts.
1 min read · 16 June 2014
