Bain Capital related stories
All articles and analysis
PE Week Wire: Thursday, December 11, 2008Random Ramblings
- Bain Capital Ventures Raising New Fund
Bain Capital Ventures has begun raising its fourth fund with a $500 million target and $750 million hard cap, according to VentureWire. A first close is expected early next year. The Boston-based firm closed its third fund in 2007 with $550 million. www.baincapitalventures.com
- SV Life Sciences Staffs Up
SV Life Sciences has hired three venture partners: Sarah Bodary, formerly with Genentech, to focus on biotech; Gary Velasquez, former president and CEO of SV portfolio company Synarc, to focus on healthcare services; and Kevin Barrett, a founding partner of Commonwealth Health Partners, to focus on healthcare services.
- LP briefs, week of Dec. 8, 2008
Brief news items about LPs Maryland, South Carolina and CalPERS
- Management beats PE firms in bid for Nueberger Berman
Former Lehman Brothers unit sold to a team consisting of Neuberger’s management
- Oversubscribed Huntsman Gay fund nears close
Fund-raising isn't totally dead: Huntsman Gay Capital Partners has hit the hard cap for its debut fund
- PE Week Wire: Monday, December 8, 2008
Random Ramblings
- PE Week Wire: Monday, December 8, 2008
Random Ramblings
- Fundraising Isn't Totally Dead: Oversubscribed Huntsman Gay Fund Approaches Close
Huntsman Gay Capital Partners has hit the hard cap for its debut fund, but it isn't stopping there, according to a source familiar with the situation. The firm, formed by industrialist Jon Huntsman and former Bain Capital investor Bob Gay, had a $1.25 billion ceiling, according to a regulatory filing. Thanks to anchor commitments from limited partners like like CalPERS, CalSTRS, AlpInvest, C.V. Starr & Co., and GIC (Massachusetts Group Insurance Commission), the firm has hit that $1.25 figure, our source said. But instead of holding a final close, H&G has extended its fund's closing to accommodate a commitment from New York State Common Retirement Fund and possibly one