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Stifel: Tech investors, execs show signs of optimism

The tech community expects the recession to take the form of a shorter U-shape – akin to the 2001-2002 crisis, as opposed to the 2007-2008 global financial crisis.

3 min read · 22 April 2020

Deals

Sportstech investors volley despite pause on pro sports amid coronavirus

Despite no organized sports happening, investors still see positive opportunities across multiple sub-sectors.

5 min read · 22 April 2020

Edison Partners invests in the growing legal tech sector, Hamilton Lane collects $1.7bn for fifth secondary fund, York Capital closes Fund III on $800m

A new survey reveals that many tech companies haven’t been hit too hard by the COVID-19 downturn and Edison Partners backs legal tech.

4 min read · 22 April 2020

Deals

Edison Partners invests in Bodhala as legal tech sector expands in recession  

The company experienced more than 300% growth in both revenue and headcount in 2019 and is on pace to do the same in 2020, Daniel Herscovici, a partner at the firm, told PE Hub.

3 min read · 22 April 2020

Deals

VC deal valuations continue to advance, but at a slower rate

Silicon Valley VC deal price increases slowed over the course of Q1 2020, according to Fenwick & West’s survey. Start-ups are looking to various deal structures to extend their cash runway.

2 min read · 21 April 2020

People

Harrison Street taps Bashir as European biz CEO

Chicago-based Harrison Street, an investment management firm focused on alternative real assets, has named Paul Bashir as CEO of the firm’s European business.

1 min read · 21 April 2020

GPs seek fund amendments for ability to recycle proceeds to support portfolio companies, Morgan Stanley grows private lending platform, Century Park completes merger between Accelalpha and Prolog

GPs seek amendments to fund terms and Morgan Stanley Investment Management makes a significant hire for its private credit and equity platform.

3 min read · 21 April 2020

People

Morgan Stanley grows private credit platform, hiring David Kulakofsky from Madison Capital  

Kulakofsky, who will remain based out of Chicago, most recently led the software & technology services team at Madison Capital.

2 min read · 20 April 2020

Deals

PEI Media appoints Richard Melville editorial director US

Melville takes responsibility for a portfolio of industry-leading brands and will help shape the company’s editorial vision.

2 min read · 20 April 2020

People

Private Equity Jobs of the Week: BCG, Brookfield and SVB are hiring

This week’s jobs include a managing partner at Boston Consulting and associates at Silicon Valley Bank and Access Holdings.

2 min read · 20 April 2020

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