Private Equity
3 min read · 09 February 2011
Vincenzo Narciso has moved to UBS Private Equity in the UK as an executive director, leaving his Matrix Group Limited position after just a few months, peHUB has confirmed. The source that tipped peHUB off on Narciso’s departure did not indicate what spurred him to leave. Matrix Partners did not respond to requests for comment, but Narciso’s LinkedIn page says it all. In September 2010, Matrix hired Narciso as a partner within its private funds group. Prior to that, he worked as head of Union Bancaire Privee’s PE activities, and was with Swiss Re Private Equity Advisors as a senior investment professional.
1 min read · 08 February 2011
Marriage of Convenience: Olbermann to get with Current TV Dealing: Kindred Healthcare will acquire RehabCare Group in $900M cash & stock deal The One in Brooklyn is, in Fact, Not for Sale: A Florida bridge could be either turned over to bondholders or taken over by the state government More-Mart: Wal-Mart, not too long after expansion in Africa, is negotiating for a stake in Indonesia’s Matahari
1 min read · 08 February 2011
At the end of last month, NDI Medical announced it would launch a healthcare venture fund to develop neurodevice technologies. Already, it’s well on its way, according to a filing with the Securities & Exchange Commission. Of the $50 million NDI is seeking, it smashed halfway through that target in fairly short order, corralling just under $26 million from 48 investors. The fund’s minimum buy-in is $50,000. NDI Medical, with offices in Cleveland, Ohio, and Chapel Hill, North Carolina, stated just at the end of January that it raised $8 million in equity investments and via an Ohio state grant. NDI has partnered with Ohio before, reeling in $7 million in grants from its Third Frontier Program, as well as the National Institutes of Health...
1 min read · 07 February 2011
3 min read · 07 February 2011
You Paid WHAT?: AOL dishes out about $315M for The Huffington Post Growing: Dewey & LeBoeuf boosts their bankruptcy team Dealing: Beckman Coulter to be bought by Danaher Corp. in $6.8B deal Advertising: Groupon is rapped by critics for its Super Bowl ads
1 min read · 07 February 2011
Properties: Cerberus to buy Silverleaf Resorts Feelin’ Gassy: Indian Reliance Industries could elbow Chevron aside in bidding for Atlas Energy Come Again?!?: Congress wants to hear a little more from Whitney on her muni doomsday call Snitchin’: On the heels of the Justice Department, the S.E.C. raps six with insider trading charges
1 min read · 04 February 2011
1 min read · 03 February 2011
At Long Last!: Sanofi-Genzyme could finally be happening Growing: PepsiCo buys most of Russian dairy & juice company Wimm-Bill-Dann, plans full acquisition Dealing: Nelson Peltz might be orchestrating another deal for Wendy’s/Arby’s, instead of just splitting them up What’s in a Name?: Groupon is reportedly trying to buy Hipster
1 min read · 03 February 2011
It’s good when the gang gets back together. This was the case a few days back, when, on Jan. 31, Neuralitic Systems, the mobile data behavior solutions firm, re-upped with its Series A investors, BDC Venture Capital, Vertex Venture Capital and GO Capital Fund. The Blackberry Partners Fund also tagged in, as did Export Development Canada, providing Neuralitic with $8 million, its largest round to date, nearly doubling its overall funding to more than $20 million, according to its Web site’s tally...
2 min read · 02 February 2011
