The early stage venture firm has raised its first fund since spinning out of TD Bank last year, surpassing its original target of $200m. The fund is targeting between 20 and 25 companies for its portfolio.
2 min read · 05 January 2013
The private equity arm of Franklin Templeton will target high growth, mid-sized unlisted companies.
1 min read · 05 January 2013
The German fund of funds has hired Andrés Ebhardt, who has a background working with high net worth families, to expand the firm’s international investor base.
2 min read · 05 January 2013
Reports of an imminent $1.28bn deal for PT Bumi Resources are premature and carry a higher price tag than the firm would likely consider, PEO has learned.
2 min read · 05 January 2013
Venture capital funds returned 5.1% over a one-year time horizon, down from 13% for the first quarter of 2008, according to an industry index. The asset class still outperformed the public markets, with later-stage funds leading the way in the shorter term.
1 min read · 05 January 2013
The financial services-focused firm has hired Mitchell Caplan, former chief executive of the online stock trading giant. Founded in 2005 as a joint venture between Venturion Capital and Jeffrey Greenberg, Aquiline is currently investing its debut $1.1bn fund.
1 min read · 05 January 2013
Corsair Capital will be made whole on its investment in National City because of an anti-dilution provision, according to a source. The US Treasury will take a $7.7bn stake in the combined entity.
2 min read · 05 January 2013
Despite a drop in total capital deployed and first-time financings, experts say the effects of chaos in the financial markets won’t be felt until subsequent quarters. Cleantech enjoys an upsurge.
2 min read · 05 January 2013
A report commissioned by the Kentucky governor’s office has concluded that the Kentucky Retirement Systems' and the Kentucky Teachers’ Retirement System’s ‘opportunity cost’ for below-average performance amounted to $5bn.
2 min read · 05 January 2013
The arts and crafts big-box chain has drawn an aggregate of $120m from its senior secured asset-based credit facility to ‘meet its cash needs while there are disruptions in the debt markets’. Bain and Blackstone bought the US retailer in 2006 in a $6bn deal.
2 min read · 05 January 2013
