I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Platinum Equity appears to be getting some of its equity back just weeks after buying BlueLine Rental in a $1.1 billion deal.
2 min read · 11 February 2014
To start your week, Carl Icahn gives up his campaign against Apple, FB's Mark Zuckerberg is a very generous donor, Dumb Starbucks opens in L.A. and Bill Gates doesn't think you should call him a college dropout.
1 min read · 10 February 2014
Lovell Minnick Partners is out fundraising for its fourth fund, three sources told peHUB.
2 min read · 31 January 2014
Comcast Ventures has led a $4.5 million Series A round of funding for Enigma. American Express Ventures, Crosslink Capital and the New York Times Company also participated. New York-based Enigma is a search and discovery platform for public data. Enigma previsouly raised $850,000 in seed funding from TriplePoint Ventures, CrossLink Capital and other angel investors.
2 min read · 30 January 2014
To end this cold Monday, Apple Q1 earnings fail to meet expectations, Google to buy DeepMind for $500 mln and was that Sean Parker sitting in Yoko Ono's seat at the Grammy's last night?
1 min read · 27 January 2014
David Dobies has joined the TCW Group as an MD in the Direct Lending Group. Based in Boston, Dobies will be responsible for origination, due diligence review, structuring and execution of new investments, and ongoing management of portfolio companies. Dobies was previously a founding partner, member of the management committee, and co-head of NewStar Financial.
2 min read · 27 January 2014
To start your weekend, the Mackintosh hits 30, Facebook COO Sheryl Sandberg's "Lean In" book is being made into a movie, Gmail goes down and Uber doesnt even try to deny its dirty tactics in NYC
1 min read · 24 January 2014
Madison Dearborn Partners is investing $244 million to buy a majority of Ikaria, the latest example of a private equity firm using low equity.
2 min read · 24 January 2014
In Second Opinion, Biz Stone's Jelly closes a Series B with Greylock Partners, the U.S. DOJ brings charges against the firm that vetted Edward Snowden and iPhone screens are getting bigger.
1 min read · 23 January 2014
Thomas H. Lee Partners, which is talking to investors about its next fund, is taking Party City public less than two years after buying it.
2 min read · 23 January 2014
