Private Equity
Seven problems with carried interest allocation; Coller, HarbourVest lead $1 bln-plus Insight Venture revamp; CalPERS board sends draft code of conduct back for overhaul
2 min read · 26 August 2019
First Read begins the new week with news that President Trump orders U.S. companies doing business in China to relocate elsewhere after Beijing unveils new tariffs on U.S. goods, VMware acquires Carbon Black for $2.1 billion and Pivotal for $2.7 billion, and toymaker Hasbro now owns Death Row records.
1 min read · 26 August 2019
Emerging manager fundraising picks up steam, What are you reading this summer?
2 min read · 23 August 2019
First Read closes out the week with news that Overstock CEO resigns following a controversial press release, KKR is reportedly exploring a $5 bln sale of Epicore Software and hundreds of Uber and Lyft drivers to launch protest caravan across California.
1 min read · 23 August 2019
2 min read · 22 August 2019
KKR preps next Asia fund, Paul Allen family office to make Asian expansion
2 min read · 22 August 2019
Funding from non-European investors accounted for close to 40 percent of total commitments for the region in 2018, according to a report from Invest Europe.
3 min read · 22 August 2019
Side Letter will be back on Tuesday. In the meantime: Apollo and Athene battle it out; Chinese LPs are driving CEE fundraising; and new hires for Blackstone Growth and Carlyle. Here’s today's brief, for our valued subscribers only.
3 min read · 22 August 2019
First Read ushers in the day with news that Dick's Sporting Goods is testing if it should stop selling guns, President Trump is no longer considering a tax cut package and Alibaba postpones IPO amid Hong Kong protests.
1 min read · 22 August 2019
Blackstone hires ex-Navab exec to focus on healthcare growth investments, Kline Hill preps Fund III
2 min read · 21 August 2019