Private Equity
Ready to Roll: Osama was packing cash and emergency telephone numbers when he got bagged No More Highlights: Lowlights for Evelyn Davis’ newsletter after Goldman dumps its subscription Zipping Out: Zipcar co-founder Robin Chase leaves her latest startup to launch car sharing startup in Paris. IPO-My! RPX Corp debuts in its IPO, trades up
1 min read · 05 May 2011
Sagent Advisors lured Mark Kessel to join its practice as a senior advisor in its healthcare segment, the bank announced. Kessel comes to Sagent after having founded Symphony Capital, a PE firm with a focus on biopharmaceutical companies.
3 min read · 04 May 2011
Essent Healthcare has sold a pair of Massachusetts hospitals to Steward Healthcare System LLC of Boston. Essent is a portfolio company of Vestar Capital Partners. The PE firm invested in the hospital system through its fourth fund.
2 min read · 04 May 2011
3 min read · 04 May 2011
Shasta Ventures led a $5 million Series A financing in TaskRabbit, the California-based service networking company. Other investors in the round included. Baseline Ventures, First Round Capital, FLOODGATE, Collaborative Fund, and 500 Startups.
3 min read · 04 May 2011
SustainX, the New Hampshire-based energy storage company, took on an additional $5.6 million in funding, less than two months after striking a $14.4 million funding with a group of investors. This time, General Catalyst and prior investors chipped in on its funding. Other investors include GE Energy Financial Services, a unit of GE, Cadent Energy Partners, Polaris Ventures, Rockport Capital, Small Business Innovation Research program of the National Science Foundation and the Energy Storage Program of the US Department of Energy.
3 min read · 04 May 2011
Got our e-mails? Get our emails. peHUB contains PE and VC deal updates from around the globe, every day. Dealing: Hermes unloads Gaultier stake Diapers, Burgers and Undies: The price of consumer goods is about to take a rise
1 min read · 04 May 2011
Ted Forstmann has been treated for a malignant brain tumor and is recovering, according to a report. Fox Business News reported earlier today that Forstmann, 71, has already undergone brain surgery to remove the tumor and that he’s returned to the private equity firm that he founded, Forstmann Little & Co. Forstmann is also CEO and chairman of IMG, the talent agency that counts golf titan Tiger Woods among its star-studded client roster....
1 min read · 03 May 2011
Bain Capital Partners and a subsidiary of Oaktree Capital Management teamed together to invest $1 billion in International Market Centers, with the intent of developing the showrooms assets. International Market Centers has locations in North Carolina and Las Vegas. Phil Loughlin, managing director, worked on the deal from Bain Capital. Kirkland & Ellis is counsel for Bain Capital, Paul Weiss is acting as legal advisor to the Oaktree entities, and Paul Hastings represents related companies.
5 min read · 03 May 2011
An anonymous investor led a financing round in San Diego-based neurotechnology company NeuroVigil. The company was founded by Dr. Philip Low. According to its site, NeuroVigil is dedicated to the betterment of the human condition by merging non-invasive wireless brain recording technology with advanced computational analysis techniques.
4 min read · 03 May 2011
