Private Equity
2 min read · 02 March 2009
It is a time of great turmoil in the world of private equity, and Bruno E. Raschle, CEO of fund-of-funds manager Adveq, is expecting new opportunities and new challenges as the industry undergoes significant change
8 min read · 01 March 2009
We first reported back in November that VCs were slowing down on their pace of investments. Well, I just ran some numbers for a colleague at Reuters, and the situation has gotten even worse. U.S.-based venture firms invested just $1.3 billion in 205 companies in January, down from $4.5 billion invested in 466 companies in January 2008, according to preliminary data from Thomson Reuters.
2 min read · 27 February 2009
Silicon Valley venture firm Accel Partners and Accel's Jim Breyer are "strategic partners" in the new venture capital fund being raised by Netscape co-founder Marc Andreessen, peHUB has learned. Andreessen and Breyer both sit on the board of social networking company Facebook. Andreessen joined the board last June, while Breyer led the company's first venture investment back in April 2005. Andreessen first disclosed his venture effort, called Andreessen Horowitz, last week on the Charlie Rose television talkshow. His partner is former Opsware executive Ben Horowitz, with whom Andreesen has a history of angel investing.
1 min read · 23 February 2009
2 min read · 16 February 2009
San Francisco venture firm Alsop Louie Partners is out raising its second fund, according to today's Private Equity Insider (subscription required). If this news sounds familiar, it should. peHUB sister pub Private Equity Week reported last June that the early stage investor planned to hit the fund-raising trail early this year. We put in a call to co-founder Stewart Alsop, but he said he couldn't comment due to SEC restrictions. PEI is reporting that Alsop Louie is trying to raise $75M-$100M. Its first fund, raised in 2006, weighed in at $75M.
1 min read · 11 February 2009
The venture capital community has closer ties to President Obama than any other previous president. That could bode well for an industry that has been stuck in a slump since the dot-com crash. Brad Spirrison, a Chicago-based writer who has followed Obama's career closely, penned a great story in this month's Venture Capital Journal about the new president's interest in venture capital. Entitled "Real Change: New President Gets VC," the story begins: Steven Lazarus had just sat down after accepting a lifetime achievement award from the Illinois Venture Capital Association when he was approached by an up-and-coming state senator with an unforgettable name. It was December 2003 and Barack Obama—who was in the middle of an uphill battle for the U.S. Senate—decided that the most important place to be was the IVCA’s annual awards dinner.
1 min read · 02 February 2009
2 min read · 02 February 2009
US VC targets European early-stage and growth opportunities
2 min read · 01 February 2009
1 min read · 29 January 2009
