Elevation Partners related stories
All articles and analysis
Pantheon hires fund placement veteran AlbertKevin Albert has left Elevation Partners, which he joined in 2005. Albert will work in Pantheon’s New York office.
- Elevation sees small profit on Palm sale
The private equity firm, which has rocker Bono as a partner, will walk away from the struggling smartphone maker with $25m in winnings.
- eBay exec joins Elevation
Rajiv Dutta has become a managing director at the private equity firm focused on consumer and technology investing.
- Merrill Lynch private placement team to spin out
Michael Ricciardi, Enrique Cuan and Alan Pardee will lead the 24-strong team for Mercury Capital, which will raise private equity, private equity real estate and infrastructure funds globally.
- Elevation injects $100m in struggling Palm
The California-based firm, which bought a 25% stake in Palm for $325m last year, is making another capital injection to help the struggling maker of mobile-computing devices after five straight quarterly losses. The firm, which includes U2 lead singer Bono as one of its partners, is investing from its debut fund, which closed on $1.9bn in 2006.
- Obama tops McCain in private equity support
US presidential candidate John McCain has come under fire by one US labour union for his ties to KKR co-founder Henry Kravis, but recent data shows Democratic rival Barack Obama has the most financial support from the private equity and venture capital industries.
- Illinois Teachers’ approves $1.2bn private equity ‘road map’
The $38bn public pension has approved a tactical plan that emphasises a need for geographic diversity as it moves closer to its 8 percent target allocation for private equity.
- Kleiner Perkins hires video game pioneer
The chief creative officer of Electronic Arts, Bing Gordon, will join the Silicon Valley firm that helped launch the gaming company 25 years ago.
- Elevation makes 2x on first exit(4)
Two years after merging video game developers BioWare and Pandemic, Elevation Partners has doubled its money by selling the combined company to Electronic Arts, led by former Elevation partner John Riccitiello.
- Elevation makes 2x on first exit(3)
Two years after merging video game developers BioWare and Pandemic, Elevation Partners has doubled its money by selling the combined company to Electronic Arts, led by former Elevation partner John Riccitiello.