Private Equity
2 min read · 26 July 2019
First Read closes out the week with news that Nissan will be cutting 12,500 jobs worldwide, Nike is reportedly exploring a sale of surfwear brand Hurley and Amazon requires local police departments to advertise Ring surveillance cameras in exchange for free products.
1 min read · 26 July 2019
First Read ushers in the day with news that Advent International is buying defense and aerospace group Cobham, Robert Mueller testifies before Congress, and Jeffrey Epstein was found injured with marks on his neck in a New York jail cell.
1 min read · 25 July 2019
2 min read · 24 July 2019
4 min read · 24 July 2019
What’s changing in corporate venture capital is not only the increased activity, but also a rethink of investment strategies.
3 min read · 24 July 2019
First Read kicks off the day with news that Boris Johnson is the new British Prime Minister, Huawei is laying off more than 600 people in the U.S., and DoorDash's CEO says customer tips will now go to delivery workers.
1 min read · 24 July 2019
DW Healthcare Partners raised its largest fund to date, collecting US$610 million ($800 million) for its fifth healthcare-focused pool of capital. The Toronto- and Park City, Utah-based firm surpassed its US$500 million target, Founder and Managing Partner Andrew Carragher told Buyouts. Fund V, which closed on Monday, is more than double the US$295 million raised in the firm’s fourth fund, which closed in March 2017. The vehicle’s limited partner base encompasses global institutional investors that committed in prior funds, with some nine to 10 new institutional investors having joined Fund V, Carragher said.
1 min read · 24 July 2019
Agreement marks the conclusion of a process in which the two Parthenon portfolio companies were marketed together.
3 min read · 23 July 2019
International GPs backed more than 80% of deals by volume in first half of 2019, according to a report from industry association ASCRI.
2 min read · 23 July 2019
