Private Equity
In this week's installment of Job Moves, we look at Kleiner Perkins' latest hire and the firm he left; a key private equity appointment for the nation's largest pension fund; a new fund for two former Insight GPs; a Brazilian expansion; and another very large pension fund that looks to be hiring. KP HIRES HUANG FROM VIVO Just a few days after Vivo Ventures announced the promotion of a partner to head its China operations, Kleiner Perkins Caufield & Byers announced that it has hired former Vivo partner James Huang to advise on life science investments as a partner in its Shanghai office. Huang was a managing partner at Vivo and, previously,
4 min read · 04 June 2011
Investors may have poured $950 million into Groupon earlier this year. But that didn’t snag any of the newcomers so much as 5% of the fast-growing discount deal site. That’s the takeaway from an initial reading of Groupon’s IPO filing. The document lists only two of the company’s venture investors -- New Enterprise Associates and Accel Partners -– as principal shareholders. NEA, which backed Groupon’s first venture round in 2008, holds a $14.7% stake in the company. Accel, which invested in Groupon’s second round in 2009, among others, according to Thomson Reuters, owns 5.6 percent. Among those not listed as principal shareholders are the firms that participated in Groupon’s last financing round of $950 million. The backers for that round, announced in January, included Andreessen Horowitz, Battery Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers, Mail.ru Group, Maverick Capital, Silver Lake and Technology Crossover Ventures. At the time of that announcement, my colleague, Connie
2 min read · 02 June 2011
2 min read · 02 June 2011
Outside of the virtual FarmVille, more investors are beefing up their expertise in the real life agricultural sector, laying down money on fuel, biopesticides, feed startups and more. Their gamble is paying off, too, as some are reaping exits
10 min read · 01 June 2011
The social network for professionals, which has a market cap of more than $9B, is one of 15 VC-backed companies to go public in April and May
4 min read · 01 June 2011
1 min read · 31 May 2011
This is the first installment of a new feature that looks at who’s moving in, up (or out) in venture capital and private equity circles. In this week's column, Vivo Ventures promotes two doctors to managing partner, BlackRock makes the first three of an expected 20 new appointments, TA associates announces its first hire for a new Hong Kong office, Venrock adds a partner for health care IT, and a U.S. Venture Partners staffer joins a startup. VIVO ADDS TWO Vivo Ventures, a life science-focused venture firm based in Silicon Valley, announced promotions of two to managing partner this week, one of whom will be based in Palo Alto, Calif., and the other in China. The first is Chen Yu, who joined Vivo as a partner in 2007. Prior to Vivo, Yu was an early employee at aQuantive, which listed on Nasdaq in 2000 and ultimately was acquired for $6.5 billion by
5 min read · 31 May 2011
4 min read · 26 May 2011
2 min read · 23 May 2011
2 min read · 23 May 2011
