KKR will manage $3 billion in capital from the Teacher Retirement System of Texas “across a variety of private markets’ asset classes,” the fund announced Monday. In a separate statement, the pension also announced it would invest $3 billion with private manager Apollo.
5 min read · 07 November 2011
New York-based middle market PE firm Sentinel Capital Partners will acquire WellSpring Pharmaceutical Corp., a maker of specialty prescription and over the counter drugs. Ancor Capital Partners joined the PE firm in the deal.
4 min read · 07 November 2011
Salesforce.com, the listed cloud computing company, has promoted George Hu from the role of EVP to COO. He will continue to report to CEO and Chairman Mark Benioff.
1 min read · 07 November 2011
Hunting Dog Capital, a San Francisco-based direct lender to public and private companies, completed a two-year, senior-secured loan to iWin, Inc. Headquartered in San Francisco, CA, iWin, Inc. is a leading online developer, publisher and distributor of casual games for the mass market. Specifics of the deal were not publicized. Financing for iWin includes a $5 million financing from angels in 2006. It is unclear how much the company has raised, in full.
1 min read · 04 November 2011
2 min read · 04 November 2011
2 min read · 04 November 2011
KPCB got checks to cash Siri gives the silent treatment SLAPFIGHT! Om Malik tells Mark Zuckerberg yes, you did, in fact, need Silicon Valley Laws, and Unintended Consequences: Occupy Oakland gets ugly Speaking of Getting Ugly: House GOP takes on Obama Admin on Solyndra docs Mayor Bloomberg and his banks PR crisis Will Groupon Prop open the IPO window? Steve Schaefer drops the knowledge
1 min read · 04 November 2011
ERIKS NV will buy Boston PE firm Audax Group’s LewisGoetz after just a four year hold for the sponsor. Specifics on the deal were not publicized. Over the course of its ownership, Audax tagged on nine acquisitions to support LewisGoetz. Robert W. Baird represented LewisGoetz.
2 min read · 03 November 2011
1stdibs, the online luxury marketplace, has received an unspecified investment from VC Benchmark Capital and appointed David Rosenblatt, former DoubleClick CEO, as its own chief executive. Matt Cohler, the Benchmark GP who led the deal, will join Rosenblatt on 1stdibs’ board.
4 min read · 03 November 2011
2 min read · 03 November 2011
