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.
More than seven years after buying Burlington Stores, Bain Capital stands to more than quadruple its investment in the discount retailer, sister publication peHUB reported.
1 min read · 02 October 2013
More than seven years after buying Burlington Stores, Bain Capital stands to more than quadruple its money in the discount retailer.
1 min read · 02 October 2013
Essex Woodlands Health Ventures is out fundraising for its latest pool, sources told sister publication peHUB.
1 min read · 02 October 2013
Quantopian said Wednesday it raised $6.7 million in Series A financing from Khosla Ventures and existing investor Spark Capital. Boston-based Quantopian is a browser-based algorithmic trading platform. The company has raised $8.8 million in total funding to date.
3 min read · 02 October 2013
Sefaira has raised $9.2 million in new capital. Sefaira said its existing investors, including Braemar Energy Ventures, Chrysalix SET and Hermes GPE, invested $7.2 million in new venture capital while the company additionally secured a $2 million venture debt facility from Silicon Valley Bank. Sefaira, which has offices in London and New York, produces cloud-based energy efficiency software to help architects design high performing buildings.
3 min read · 02 October 2013
In Second Opinion, Twitter adds more banks to manage its IPO, the healthcare exchanges opened today and Michael Jordan says he could've beaten anyone in his prime but one person.
1 min read · 01 October 2013
AlpInvest Partners has suffered another departure, sister publication peHUB reported.
1 min read · 01 October 2013
Scott Hamner is leaving AlpInvest Partners to raise his kids, according to an email obtained by peHUB.
1 min read · 01 October 2013
Shamrock Capital Advisors has sold the Harlem Globetrotters International to the Herschend Family Entertainment Corp. Financial terms weren't announced. Herschend Family Entertainment, of Norcross, Ga., is a family-owned entertainment company that operates several theme parks and tourist attractions in the U.S. Genesis Capital provided financial advice to Herschend. Piper Jaffray advised the the Harlem Globetrotters. In June, Reuters reported that Shamrock Capital was looking to sell the highflying exhibition basketball team that has toured the world for decades.
5 min read · 01 October 2013
TPG Growth and Servco Pacific are finally talking about their acquisition of the legendary company, Fender Musical Instruments.
3 min read · 30 September 2013
