Private Equity
2 min read · 15 July 2011
2 min read · 14 July 2011
1 min read · 14 July 2011
Advanced Diamond Technologies said Wednesday that it has closed a $5.2 million Series D financing round led by S-Group Capital Management. Advanced Diamond, of Romeoville, Ill., develops diamond films for industrial, electronic, and water treatment applications.
3 min read · 13 July 2011
It’s like a jungle sometimes, It makes me wonder How I keep from going under. --Grandmaster Flash Raising a venture fund is proving to be increasingly difficult. As my colleague Connie Loizos reported on Monday a paltry 37 VC funds were raised in the second quarter. That was the smallest quarterly number in 16 years. But, as evidenced by funds raised in Q2, you can still raise capital if you can show LPs a track record of returns or offer a differentiated strategy. Of the 10 funds that raised the most capital in the second quarter, four are focused on China and India, markets that have produced big exits in the past couple of years; three are follow-on vehicles for successful funds; one is a new fund raised by VCs with solid track records; one targets the booming market for Android-based applications; and one buys distressed VC portfolios on the secondary market, where there are still plenty of deals to be had.
3 min read · 13 July 2011
2 min read · 11 July 2011
(Reuters) - LivingSocial has picked Bank of America Merrill Lynch, JPMorgan and Deutsche Bank to lead-underwrite an IPO that could value the daily deals site at $10 billion to $15 billion, two sources with knowledge of the matter said. The three banks declined to comment. LivingSocial, runner-up to Groupon in the fast-expanding daily deal market, is the latest Internet startup seeking to woo investors keen to pile into social media companies from LinkedIn and Twitter to Zynga and Facebook. In April, LivingSocial raised $400 million in a round of funding that included LightSpeed Venture Partners and Amazon, giving it a value of about $3 billion. To date, LivingSocial has raised $648 million in
2 min read · 08 July 2011
Want to catch up on the slideshows that your peers found most interesting on peHUB this week? Here are the top 10 slideshows that garnered the most pageviews from regular readers from July 4 to July 8. They focused on the most active venture investors in the first half of the year, CalPERS' dwindling commitments to venture funds, photos and opinions from Buyouts Chicago, Zynga's largest shareholders and Q2 cleantech data. 1. Slideshow: Most Active VC Firms to Date in 2011, by Alastair Goldfisher 2. Slideshow: Chicago Shindig Photos — Lots of ‘em (subscription required), by Lawrence Aragon 3. Slideshow: CalPERS Trims Venture Commitments Except To Khosla: ’09 And ’10 Funds And IRRs, by Mark Boslet 4. Slideshow: Who Are Zynga’s Biggest Shareholders?, by Lawrence Aragon 5. The Country ‘Needs a PE President’: Slide Show From Buyouts Chicago, by David Toll 6. Slideshow: Audience Opinion At Buyouts Chicago, by Steve Bills 7. Slideshow: IRRs From CalPERS’ Brand Name Venture Funds Underwhelm (Part I) (subscription required), by Mark Boslet 8. Slideshow: CalPERS’ Recent Vintage Brand Name Venture Funds Show Promising IRRs, Largely (Part II) (subscription required), by Mark Boslet 9. Kleiner Perkins and Andreessen Horowitz: Separated at Birth? (subscription required), by Connie Loizos 10. Slideshow: Big Deals Fall In Cleantech, But M&A Stays Hot In 2Q; Here’s The Data, by Mark Boslet
1 min read · 08 July 2011
4 min read · 07 July 2011
2 min read · 01 July 2011