Private Equity
EnCap Investments said Friday that it closed its ninth fund at its $5 billion hard cap. The fund, which was oversubscribed, will focus on upstream sector of the oil and gas industry in North America. News of the fundraising was reported by peHUB in November.
2 min read · 01 February 2013
A surge of deal announcements in early January helped push up monthly transaction totals. The value U.S. private equity transactions rocketed by 78% to $8.2 billion in January, Thomson Reuters data says.
2 min read · 01 February 2013
To end your Thursday, we have news that Apple is discontinuing MacPro in Europe, DOJ sues to stop AB Inbev from buying Grupo Modelo and Beyonce vows to sing live at the Super Bowl. And so much more!
1 min read · 31 January 2013
Tony James, the Blackstone Group's president, called 2012 the best year for the global buyout shop since it went public in 2007. But the deal scene? That's another issue.
2 min read · 31 January 2013
BV Investment Partners has put New Track Media up for sale, sources tell peHUB. Petsky Prunier is advising on the auction.
1 min read · 31 January 2013
Providence Equity Partners is getting more time to wrap up its latest mega-fund. The firm's LPs granted the media-focused PE firm a six-month extension, until June 30, to close its seventh fund, several placement and LP sources say.
2 min read · 31 January 2013
DB Networks said Wednesday that it has raised $4.5 million in Series B fund led by Khosla Ventures. Shirish Sathaye, a Khosla general partner, has joined DB Networks board. San Diego-based DB Networks provides database security equipment.
2 min read · 30 January 2013
Today in Second Opinion, we have news on RIM or BlackBerry, including Alicia Keys being tapped as their new global creative director. Also, Facebook's Q4 results beat expectations and what to do if your job offer is cancelled.
1 min read · 30 January 2013
Linkwell Health said Wednesday it raised $11 million in Series C funding led by WellPoint. Existing investors Spark Capital and HLM Venture Partners also participated in the round. New York-based Linkwell develops health and wellness consumer engagement platforms.
4 min read · 30 January 2013
Israel Cleantech Ventures said Wednesday it has closed its second fund with just above $74 million in commitments. Investors include institutional investors, multi-national corporations and family offices. The fund will invest in Israeli based or Israel related high growth, clean technology, early and growth stage companies.
3 min read · 30 January 2013
