Author Archives: Dan Primack
  • REVEALED: Pando smears ex-Carlyle pro Bob Grady

    New Jersey investment boss Bob Grady gets attacked for no good reason.

    FORTUNE -- David Sirota of PandoDaily yesterday accused New Jersey State Investment Council chairman Bob Grady of corruption. Sirota didn't use that specific term, but that's the only conclusion one could reach after reading his 1,645 words worth of misdirection, misunderstanding and innuendo. Someone needs to set the record straight, and I don't have any better afternoon plans.

    Here's the background: New MORE

    - Apr 17, 2014 2:30 PM ET
  • Campaign Monitor's $250 million round was a long time coming

    Campaign Monitor raises $250 million from Insight Venture Partners, six years after the two sides first began discussions.

    FORTUNE -- Email marketing and design firm Campaign Monitor yesterday announced that it has raised $250 million in equity funding from Insight Venture Partners, for an undisclosed ownership stake. This deal has been a very long time coming.

    Insight first contacted Australia-based Campaign Monitor back in 2008, as the result of an internal program that cold-calls possible MORE

    - Apr 17, 2014 11:42 AM ET
  • Deals of the day: Chemtura sells seed treatment biz for $1 billion

    To get deals in your inbox each morning, sign up for our Term Sheet newsletter

    Venture Capital Deals

    Campaign Monitor, a Sydney, Australia-based provider of email marketing and design solutions, has raised $250 million in its first round of outside funding. Insight Venture Partners committed the entire amount, but will syndicate a small piece going forward. No word on if the investments provides Insight with a control position. www.campaignmonitor.com

    One Medical Group, a San Francisco-based operator of MORE

    - Apr 17, 2014 10:20 AM ET
  • Bain Capital raises $7.3 billion for new buyout fund

    Bain Capital already has begun investing from its eleventh fund.

    FORTUNE -- Bain Capital has closed its eleventh flagship private equity fund with $7.3 billion in capital commitments, according to a source close to the Boston-based firm. That figure is significantly higher than the $6 billion Bain sought when it began fundraising in the fall of 2012, and includes $800 million from the firm's partners (the most they have ever committed to MORE

    - Apr 17, 2014 7:30 AM ET
  • Exclusive: MHS Capital almost done raising new fund

    Early-stage VC firm closes in on $75 million.

    FORTUNE -- Early-stage venture capital firm MHS Capital is nearing a $75 million final close on its second fund, Fortune has learned.

    The San Francisco-based firm is led by Mark Sugarman, a longtime angel investor who previously held roles at Nutrisystem, VerticalNet and Internet Capital Group. It raised around $34 million for its first institutional fund, which had a gross asset value of nearly $128 million through MORE

    - Apr 16, 2014 2:00 PM ET
  • Sorry Milwaukee Bucks fans: Private equity owners aren't much help

    The Milwaukee Bucks are getting new owners, but history isn't on their side.

    FORTUNE -- This has been a trying season for fans of the Milwaukee Bucks, which tonight will close out a season in which it lost more than four times as many games as it won.  Now things are getting even worse, with news that the team will be sold to a pair of private equity professionals: Wes Edens of Fortress Investment MORE

    - Apr 16, 2014 1:35 PM ET
  • Deals of the day: Private equity circles Symantec

    To get deals in your inbox each morning, sign up for our Term Sheet newsletter

    Venture Capital Deals

    PanOptica, a Bernardsville, N.J.-based developer of ophthalmology therapies for conditions like neovascular age-related macular degeneration, has raised $45 million in Series B funding. Novo Ventures and existing backer Third Rock Ventures co-led the round, and were joined by founding investor SV Life Sciences. www.panopticapharma.com

    Squarespace, a New York-based website publishing and e-commerce platform for businesses, has raised $40 million in Series MORE

    - Apr 16, 2014 10:57 AM ET
  • Deals of the day: Motorola selling enterprise biz

    To get deals in your inbox each morning, sign up for our Term Sheet newsletter

    Venture Capital Deals

    SilverRail, a Woburn, Mass.-based developer of passenger rail search and distribution technologies, has raised $40 million in Series C funding. Mithril Capital Management led the round, and was joined by return backers Canaan Partners, Sutter Hill Ventures and Brook Ventures. www.silverrailtech.com Avvo, a Seattle-based online marketplace for legal advice, has raised $37.5 million in Series D funding.Coatue Management led the MORE

    - Apr 15, 2014 1:45 PM ET
  • Forbes fumbles Obama record on merger politicization

    One blocked merger does not make a pattern, even if you pretend it does.

    FORTUNE -- Did you know that Obama's Justice Department selectively blocks mergers by Republican CEOs? No? Well then, you must not be reading Forbes.

    Look, I'm all for driving page-views. It's how folks in my profession get paid (either directly or indirectly). But is it too much to ask for a tiny bit of fact-checking before a national MORE

    - Apr 15, 2014 9:41 AM ET
    Posted in:
  • Tiger Global raises $1.5 billion

    Chase Coleman's firm raises eighth fund for private tech companies.

    FORTUNE -- Tiger Global has raised $1.5 billion for its eighth fund focused on high-growth technology startups, according to a regulatory filing.

    This is basically the same amount of money that Tiger Global raised for its seventh fund back in 2012, which invested in such companies as Automattic, One Kings Lane, Warby Parker, Eventbrite, Flipkart, Redfin and Glassdoor. One big difference, however, is MORE

    - Apr 14, 2014 3:53 PM ET
About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

Email a Tip | @danprimack | RSS
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.