HighVista Strategies related stories
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VC-backed Teladoc debuts IPOTelehealth platform Teladoc has raised $156.75 million for its IPO after pricing its 8.25 million shares (originally planned at 7 million) at $19 per share. The stock began trading Wednesday on the New York Stock Exchange under the ticker symbol “TDOC.” J.P. Morgan Securities LLC and Deutsche Bank Securities Inc are the lead underwriters. Teladoc’s backers include Icon Ventures, FLAG Capital Management, Greenspring Associates, QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield & Byers, New Capital Partners and Trident Capital.
- VC-backed Teladoc sets IPO pricing terms
Dallas-based telehealth platform Teladoc has priced its IPO of 7 million shares at between $15 and $17 per share. The company plans on trading the stock on the New York Stock Exchange under the ticker symbol "TDOC." J.P. Morgan Securities LLC and Deutsche Bank Securities Inc are serving as the lead underwriters. Teladoc's backers include Icon Ventures, FLAG Capital Management, Greenspring Associates, Mellon, QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield & Byers, New Capital Partners and Trident Capital.
Aberdeen Asset Management says to buy U.S. firm Flag Capital ManagementBritish fund manager Aberdeen Asset Management said on Wednesday it had agreed to buy U.S. private equity and real asset-focused peer Flag Capital Management for an undisclosed amount, according to news service Reuters.
When investing private capital in midstream energy, choose wiselyPrivate capital can play a meaningful role in certain areas of the energy infrastructure build out across North America, but it is not always the best option.
- Teladoc snags $50 mln in round led by Jafco
Dallas-based telehealth provider Teladoc said Tuesday that it has secured $50 million in funding. Jafco Ventures led the round with participation from other investors that included FLAG Capital Management, Greenspring Associates, Mellon, QuestMark Partners, Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield and Byers, New Capital Partners and Trident Capital.
- Wasserstein & Co., co-investors agree to buy ALM Media
Wasserstein & Co. has agreed to acquire ALM Media from Apax Partners and RBS. The investment will be made through Wasserstein Partners III. The Ontario Pension Board, Pantheon, the Honeywell pension and HighVista Strategies are co-investing in the deal. ALM is a provider of specialized business news, research and information, focused primarily on the legal and commercial real estate sectors. The company has about 700 employees and a portfolio of more than 350 print and digital publications, including The New York Law Journal, The American Lawyer and The National Law Journal.
- Mass PRIM OK's investments in GTCR, American Securities, HIG funds
The Massachusetts Pension Reserves Investment Management Board has OK’d investments in funds from CVC Capital, HIG Capital, ACON Equity Partners, KPS, WestView Capital, Thoma Bravo, American Securities and GTCR less than a year after the $54 billion pension fund named a new head of private equity investing.
- MassPRIM hires private equity chief
Michael Bailey will join the $50.6bn retirement system in February to manage its $5.8bn private equity portfolio.
- FLAG approaches target for Fund V
The US-based fund of funds has raised nearly 75% of its target for Fund V, which will continue the firm’s strategy of investing in funds of less than $1bn in size.
VCs See More Growth Firms Outbidding BuyersWhat happens when a late stage investor is willing to buy a chunk of your portfolio company at a higher valuation than a strategic acquirer?That’s the conundrum many VCs have faced in recent quarters.