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.
Deutsche Bank on Wednesday said it named Jerry Miller head of asset & wealth management Americas, effective immediately. He will be based in New York and will report to Michele Faissola, Deutsche Bank's head of asset & wealth management. Most recently, Miller was a Lightyear Capital senior advisor responsible for the acquisition of financial services companies.
2 min read · 15 May 2013
Brentwood Associates, which is fundraising for its next pool, has gotten its first dividend from K-Mac Holdings.
2 min read · 15 May 2013
Enlightenment Capital has invested in Opera Solutions. Financial terms were not announced. Jersey City, N.J.-based Opera Solutions is a Big Data analytics firm. Other Opera investors Silver Lake Sumeru, Wipro Limited, Accel-KKR, Invus Financial Advisors, JGE Capital Management and Tola Capital.
3 min read · 15 May 2013
PrivateCore said Tuesday it named Todd Thiemann to the position of vice president of marketing. Most recently, Thiemann was a senior director for product marketing at Vormetric. PrivateCore received VC funding from Foundation Capital in 2012.
2 min read · 14 May 2013
Uni-World Capital said Tuesday that Rob Matteucci will serve as interim CEO of Pittsburgh Brewing Co. He replaces Ed Lozano. Pittsburgh Brewing is backed by Uni-World, a New York PE firm.
1 min read · 14 May 2013
Prospect Capital Corp. has provided a $150 million loan to support the recap of Arctic Glacier by H.I.G. Capital. Last year, H.I.G. Capital acquired a controlling stake in Arctic Glacier, which produces and distributes packaged ice to consumers in the U.S. and Canada.
3 min read · 14 May 2013
Cloudant closed a $12 million Series B funding round from Devonshire Investors, Rackspace Hosting and Toba Capital. Current investors including Avalon Ventures, In-Q-Tel, Samsung Venture Investment Corp. also purchased additional shares. Boston-based Cloudant is a provider of distributed database-as-a-service.
3 min read · 14 May 2013
Tollgrade Communications has appointed James Andrus as Vice President of Global Smart Grid Sales. Cranberry Township, Pa.-based Tollgrade, which is backed by Golden Gate Capital, provides service assurance solutions to electric utilities and telecommunications providers.
2 min read · 14 May 2013
AbilTo said Tuesday it closed a $3 million round of Series A financing led by .406 Ventures. New York-based AbilTo provides behavioral health programs to help adults overcome mild and moderate depression associated with major medical events.
2 min read · 14 May 2013
Disruptor Capital said Tuesday it has invested in Bills Khakis. Financial terms weren't announced. Reading, Pa.-based Bills Khakis designs and markets branded men’s sportswear, including pants, shorts, jeans, shirts, sweaters, knits, belts and outerwear.
3 min read · 14 May 2013
