Private Equity
3 min read · 29 July 2011
UPDATE: Reuters is reporting that the Federal Reserve is "actively preparing for the possibility that the United States could default..." Many of us believed that the Obama Administration and the Republican House would have reached some sort of compromise on the debt ceiling by now. But the Aug. 2 deadline to raise the ceiling is just two weeks away and there is still no sign of an agreement, and few signs of optimism. As was the case with the financial crisis that began in 2008, a default by the government would likely have a severe impact on global financial markets. The Treasury Department says so: “Failing to increase the debt limit would have catastrophic economic consequences. It would cause the government to default on its legal obligations -- an unprecedented event in American history. That would precipitate another financial crisis and threaten the jobs and savings of everyday Americans -- putting the United States right back in a deep economic hole, just as the country is recovering from the recent recession.” While many in the financial industry anticipate a deal will be cut before the deadline, at least one budget expert is far less certain...
3 min read · 21 July 2011
4 min read · 19 July 2011
6 min read · 18 July 2011
2 min read · 14 July 2011
2 min read · 14 July 2011
2 min read · 14 July 2011
It’s like a jungle sometimes, It makes me wonder How I keep from going under. --Grandmaster Flash Raising a venture fund is proving to be increasingly difficult. As my colleague Connie Loizos reported on Monday a paltry 37 VC funds were raised in the second quarter. That was the smallest quarterly number in 16 years. But, as evidenced by funds raised in Q2, you can still raise capital if you can show LPs a track record of returns or offer a differentiated strategy. Of the 10 funds that raised the most capital in the second quarter, four are focused on China and India, markets that have produced big exits in the past couple of years; three are follow-on vehicles for successful funds; one is a new fund raised by VCs with solid track records; one targets the booming market for Android-based applications; and one buys distressed VC portfolios on the secondary market, where there are still plenty of deals to be had.
3 min read · 13 July 2011
Want to catch up on the slideshows that your peers found most interesting on peHUB this week? Here are the top 10 slideshows that garnered the most pageviews from regular readers from July 4 to July 8. They focused on the most active venture investors in the first half of the year, CalPERS' dwindling commitments to venture funds, photos and opinions from Buyouts Chicago, Zynga's largest shareholders and Q2 cleantech data. 1. Slideshow: Most Active VC Firms to Date in 2011, by Alastair Goldfisher 2. Slideshow: Chicago Shindig Photos — Lots of ‘em (subscription required), by Lawrence Aragon 3. Slideshow: CalPERS Trims Venture Commitments Except To Khosla: ’09 And ’10 Funds And IRRs, by Mark Boslet 4. Slideshow: Who Are Zynga’s Biggest Shareholders?, by Lawrence Aragon 5. The Country ‘Needs a PE President’: Slide Show From Buyouts Chicago, by David Toll 6. Slideshow: Audience Opinion At Buyouts Chicago, by Steve Bills 7. Slideshow: IRRs From CalPERS’ Brand Name Venture Funds Underwhelm (Part I) (subscription required), by Mark Boslet 8. Slideshow: CalPERS’ Recent Vintage Brand Name Venture Funds Show Promising IRRs, Largely (Part II) (subscription required), by Mark Boslet 9. Kleiner Perkins and Andreessen Horowitz: Separated at Birth? (subscription required), by Connie Loizos 10. Slideshow: Big Deals Fall In Cleantech, But M&A Stays Hot In 2Q; Here’s The Data, by Mark Boslet
1 min read · 08 July 2011
2 min read · 01 July 2011
