Private Equity
Museum Browsing: Google’s art reader aims to bring the Louvre to you It’s in the Game: Electronic Arts reveals a $600M buyback plan, has big hopes for its online gaming… but you already knew that Groundhog Day: Make Phil come back out every day until that lousy rodent sees a shadow! Take the Hint, Zuck: The NYSE Euronext is hosting Social Media Week beginning Mon., Feb. 7
1 min read · 02 February 2011
2 min read · 01 February 2011
Dealing: Valeant Pharma drops $480M to acquire PharmaSwiss Grandpa, is that You?: Facebook’s fastest growing age group isn’t who you’d think your standard social networker is Tucking In: Taleo spends $11M to buy Cytiva Software Greedy When Others are Scared: The Egypt ETF is seeing some investors go long
1 min read · 01 February 2011
1 min read · 31 January 2011
Bionx Holdings, the New York-based private investment and venture capital firm, will raise up to $50 million for its inaugural fund, one of its founders told peHUB.com. Eaton McGhie, formerly a Ladenburg Thalmann vet who now works in New York, said Bionx is yet to find a placement agent. The firm is spending the next six to eight months lining up LPs and anticipates a first close at some point within that timeframe, he said. Bionx will make tech and life sciences deals, but will also pursue a broader mandate to include deals in other sectors as well, he said. McGhie is working with co-founder and partner Prakash Ragit, who is based in India and will concentrate on investments there and in New Zealand, McGhie said. For its private equity-focused business, McGhie said, the firm will make deals ranging in size from $5 million to $10 million, as well as Series A and Series B investments on smaller targets.
1 min read · 31 January 2011
3 min read · 31 January 2011
Places Deals: Facebook launches Groupon lookalike across Europe Dealing: Alexion Pharmaceuticals buys Taligen Therapeutics Selling: Massey Energy sold to Alpha Natural Resources in $7.1B deal Triple-Deal: KIT digital buys KickApps, Kewego and Kyte (all separate companies, coincidentally beginning with a K) in $77M deal
1 min read · 31 January 2011
LinkedIn’s Shareholders: Specific figs on who holds how much How to Leak: A comprehensive piece chronicling Julian Assange’s dealings with major media outlets The Public Network: Linkedin's IPO only stokes further expectations for Facebook Refinancing: Borders gets a commitment from GE Capital for $550 million, and there’s probably a new GE Capital TV ad coming out of this…
1 min read · 28 January 2011
It’s been a while since we brought you an update on Snow Phipps, which revealed plans in 2009 to raise a $700 million fund, a slight increase from its $620 million fund. Well, the time has arrived: they’re closing in on that target, after spending more than a year making very few headlines. According to an S.E.C. filing, Snow Phipps has raised $612.7 million from 63 investors, putting them just shy of their biggest fund ever. We put a call into Snow Phipps, and will be back with more if they share it with us.
1 min read · 28 January 2011
Moving Up?: Be sure to choose your references wisely Makin’ Deals: Verizon is trying to buy IT service provider Terremark Worldwide in a $1.4B deal Breakin’ Up: Sara Lee, having spurned PE, may welcome their bids—but they’re auctioning off piecemeal, now
1 min read · 27 January 2011
