Chris Witkowsky
As we close out your Wednesday, Second Opinion brings you news of Facebook beating Wall Street estimates, Kathleen Sebelius profusely apologizing and a question -- are the world's chat apps really worth $48 billion?
The Washington University in St. Louis Investment Management Company has hired veteran private equity executive Daniel Feder to run its private markets program, the endowment confirmed for peHUB.
Merlin Entertainments said on Wednesday it was offering its shares at between 280 pence and 330p each in its London listing, valuing the company at as much as 3.3 billion pounds ($5.3 billion).
Cambridge Associates has developed a benchmarking methodology designed to help institutional investors gauge performance of their private investment partnerships relative to publicly traded investments.
Patton Boggs has built a public finance practice and enhanced its private fund investment and infrastructure transactions capabilities with the addition of four attorneys. The firm has hired three lawyers in New York -- Alphonso Tindall, Jr., Sani Williams and Deborah Hartmann Henry, and one in Washington, DC -- Alethia Nancoo.
Executive recruiter Options Group International's co-president and chief financial officer Ike Suri resigned from the firm to launch a merchant bank, Pelican Point Capital Partners. Also, Gene Shen, managing partner, is leaving the firm to pursue other opportunities.
Hong Kong-based Gaw Capital Partners has closed its fourth China real estate fund, Gateway Real Estate Fund IV, on its hard cap of $1.025 billion. Fund IV is Gaw Capital's largest investment vehicle.
To ring in your hump day, First Read brings you news about the first bitcoin ATM opening in Vancouver, the Treasury Department books a $9.7 billion loss on GM and people living near the new Sriracha factory in California say their eyes are burning.
As your Tuesday winds to a close, your intrepid reporters have news about a mysterious barge floating around San Francisco Bay, BlackBerry execs met with Facebook bigwigs and the chaos of the roll out of Obamacare on full view at a hearing today.
Kristi Craig, former executive with the Small Business Investor Alliance, joined the Georgetown University endowment earlier this month as director of private markets.