Private Equity
4 min read · 27 May 2011
The Sacramento Bee has published the names of 49 CalPERS board members and employees being investigated by the state’s Fair Political Practices Commission for not properly reporting gifts. The FPPC investigation was first reported by peHUB. The list of names reported by the Bee on Monday includes four CalPERS board members: George Diehr, Rob Feckner, Joseph "JJ" Jelincic and Louis Moret. The list also includes Chief Investment Officer Joe Dear and former CalPERS CEO Fred Buenrostro. The Los Angeles Times reported Monday that, "Gift reporting infractions could result in punishments ranging from
2 min read · 24 May 2011
2 min read · 24 May 2011
Private equity firm TA Associates today announced it will establish operations in the Asia Pacific region. It has hired Edward F. Sippel as Managing Principal – Asia Pacific to open and lead a new office in Hong Kong. TA also announced that it has hired Jason Tan, who will serve as Director of China and report to Sippel.
2 min read · 24 May 2011
8 min read · 21 May 2011
2 min read · 19 May 2011
Remember when I speculated that the LinkedIn IPO might not make Reid Hoffman a billionaire? Open mouth, insert foot. With LinkedIn's initial public offering today, Herr Hoffman is a billionaire two times over (at least at LNKD's intraday share price of more than $100). But the LinkedIn co-founder isn't the only one who has made out like a bandit in the IPO. Four venture firms -- Bain Capital, Bessemer Venture Partners, Greylock Partners and Sequoia Capital -- as a group hold shares worth in excess of $4 billion. Following is a slideshow of the top 10 biggest winners in the IPO -- based on LNKD's price of $107.00 per share at 12:27 p.m. EDT. Given that the stock zoomed from an opening price of $80 to as much as $122.70 today, it is anyone's guess as to where it will finally close at the end of the day. Still, that won't affect our rankings.
2 min read · 19 May 2011
3 min read · 19 May 2011
3 min read · 18 May 2011
2 min read · 16 May 2011
