Private Equity
The 2010 vintage Southern Cross Latin America Private Equity Fund IV LP has posted the highest percentage point increase year over year for the Washington State Investment Board for the period Sept. 30, 2012, to Sept. 30, 2013.
2 min read · 12 March 2014
A couple of Los Angeles-based entrepreneurs have launched a small venture fund to seed Southern California startups. TYLT Lab said today that it had secured commitments for $20 million. The Santa Monica-based firm had previously filed a report with the SEC on Feb. 28 showing that it had closed on $2 million. TYLT plans to make 12 to 14 deals of $50,000 to $2 million each. Its first two investments were in Cargomatic and PogoSeat.
3 min read · 11 March 2014
Amber Road, which makes logistics and trade management software, has set the price for it proposed IPO. The VC-backed company plans to sell 6.52 million shares for $10.50 to $12.50 per share, according to a regulatory filing. Its largest shareholders are Cross Atlantic, Goldman, Updata Partners, Sachs & Co, NJTC Investment Fund and Orix Venture Finance.
1 min read · 07 March 2014
Napster co-founder Sean Parker has stepped down as a partner of the Founders Fund, TechCrunch reported. The firm on Wednesday announced that it had raised $1 billion for its fifth fund.
1 min read · 07 March 2014
Joe Dear, chief investment officer for the California Public Employees' Retirement System, has died, following a battle with prostate cancer, CalPERS said. Dear was 62.
3 min read · 26 February 2014
We are giving away five free tickets to fintech entrepreneurs for our fintech-themed Venture Alpha East conference in New York on March 26-27. Here's how to win.
1 min read · 21 February 2014
Paul Graham, co-founder and frontman of Y Combinator, is stepping back from his day-to-day responsibilities at the tech incubator, and entrepreneur Sam Altman is taking over as president.
1 min read · 21 February 2014
New venture fund plans to raise $50 million to invest in ”post-seed” Internet companies stuck between the gap between seed and Series A rounds.
2 min read · 21 February 2014
Bitcoin trading platform Coinsetter has raised $510,000 in new capital, boosting its total venture backing to more than $1 million. The New York-based company said in a regulatory filing that it plans to raise up to $1.5 million.
1 min read · 19 February 2014
Sequoia Capital has quickly returned to the market with two venture funds focused on growth investments in China and the United States, while Sequoia Capital India is out raising its fourth fund, regulatory filings show.
1 min read · 18 February 2014
