Private Equity

  • Why the SEC is investigating private equity

    Are private equity firms ripping off their own investors?

    FORTUNE -- Reuters reported yesterday that the Securities and Exchange Commission has formed a "dedicated group to examine private equity and hedge funds." Also yesterday, Bloomberg reported that the SEC completed a review that found "a majority of private equity firms inflate fees and expenses charged to companies in which they hold stakes."

    The two revelations are being closely watched by private equity firms, MORE

    - Apr 8, 2014 2:48 PM ET
  • Deals of the day: Questcor Pharma agrees to $5.6 billion deal

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

    Venture Capital Deals

    Wattpad, a Toronto-based social platform create direct connections between readers and writers, has raised US$46 million in Series C funding. OMERS Ventures led the round, and was joined by August Capital, Raine Ventures, Northleaf Venture Catalyst Fund and return backers Union Square Ventures, Khosla Ventures, Jerry Yang, Golden Venture Partners and Boris Wertz. www.wattpad.com Alios BioPharma, a South San MORE

    - Apr 8, 2014 10:31 AM ET
  • Memo: Blackstone's Asia private equity boss is returning to New York

    The Blackstone Group's head of Asia-Pacific investing is returning stateside.

    FORTUNE -- Michael Chae, a senior managing director at The Blackstone Group (BX), will be returning to New York after having spent three years in Hong Kong as head of the firm's Asia private equity and investor relations efforts, according to an internal memo obtained by Fortune.  Chae will continue to oversee Asia-Pacific private equity and IRBD activity (although Chris Heady will MORE

    - Apr 4, 2014 11:04 AM ET
  • Deals of the day: Giant cement merger ahead?

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

    Venture Capital Deals

    Sungevity Inc., an Oakland, Calif.-based online sales company for residential solar service, has raised $70 million in new equity funding. Jetstream Ventures led the round, and was joined by such investors as E.ON, GE Ventures. The company previously raised more than $180 million in VC and project financing, from GE Ventures, Brightpath Capital Partners, Oaklandimpact, Greener Capital MORE

    - Apr 4, 2014 10:30 AM ET
  • Deals of the day: Lone Star buying The Money Store

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

    Venture Capital Deals

    Social Finance, a San Francisco-based student peer-to-peer lending platform, has raised $80 million in new VC funding. Discovery Capital Management  led the round, and was joined by Wicklow Capital, Peter Thiel and return backers DCM, Baseline Ventures and Renren. www.sofi.com

    Imgur, a San Francisco-based image hosting platform, has raised $40 million in VC funding.Andreessen Horowitz led the round, and MORE

    - Apr 3, 2014 1:48 PM ET
  • Deals of the day: High-speed trader delays IPO

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

    Venture Capital Deals

    Bima, a provider of mobile-delivered insurance in emerging markets, has raised $22 million in new VC funding from return backers Kinnevik, LeapFrog Investments and Millicom. www.bimamobile.com Transcend Medical Inc., a Menlo Park, Calif.-based developer of medical devices to treat glaucoma, has raised $22 million in Series C funding. An undisclosed "global pharmaceutical and medical device company" was joined by return backers MORE

    - Apr 2, 2014 10:57 AM ET
  • Will Paul Capital's investors revolt?

    Private equity firm's management could get the boot.

    FORTUNE -- Last month we wrote about Paul Capital, the large private equity secondaries firm that is winding down after failing to successfully raise its tenth fund. At issue was the firm's decision to continue charging full management fees to investors, despite closing most of its offices and laying off most of its employees (i.e., eliminating the very overhead that such fees are designed MORE

    - Apr 1, 2014 3:43 PM ET
  • Deals of the day: Yahoo's next acquisition?

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

    Venture Capital Deals

    Cool Planet BioFuels, a Camarillo, Calif.-based developer of biofuels technology, has raised $100 million in Series D funding. Concord Energy and existing shareholder North Bridge Venture Partnersco-led the round, and were joined by return backers BP, Energy Technology Ventures, Google Ventures and Exelon's Constellation division. Goldman Sachs and UBS served as placement agents.www.coolplanet.com

    NeuMoDx Molecular Inc., an Ann Arbor, MORE

    - Apr 1, 2014 10:37 AM ET
  • Ares Management files for IPO

    Ares preps first IPO for a private equity firm in nearly two years.

    FORTUNE -- Ares Management this afternoon filed for an IPO, setting it up to be the first private equity firm to go public since The Carlyle Group (CG) did so back in May 2012. The filing suggests that the Los Angeles-based firm plans to raise $100 million, but that is almost certainly a placeholder that will later be replaced with MORE

    - Mar 31, 2014 4:11 PM ET
  • Deals of the day: Arista Networks files for IPO

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

    Venture Capital Deals

    Crossbar Inc., a Santa Clara, Calif.-based developer of resistive RAM technology, has raised $25 million in Series C funding. SAIF Partners, Korea Investment Partners, CBC-Capital and Tao Venture Capital Partners were joined by return backers Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital and the University of Michigan. www.crossbar-inc.com

    ClearStory Data, a Palo Alto, MORE

    - Mar 31, 2014 10:48 AM ET
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by WordPress.com VIP.