Dan Primack

Dan D’Aniello, a co-founder of The Carlyle Group, is scheduled to begin speaking in about 15 minutes. Let’s hope for some talk about Carlyle going public, the firm’s China problems and the Private Equity Council that D’Aniello and company helped spearhead… Ummm… so much for liveblogging. Seems my wireless access died off at just about […]

Last week, I expressed astonishment that two Dow Chemical executives would solicit buyout offers without the board’s knowledge or authorization. These were rogue employees who hoped their brazenness might result in such a good offer that the board would forgive their misdeeds… Misguided for certain, and unusual within a “don’t rock the boat” company like Dow… Right? Well, […]

Basic Horangic is leaving Austin Ventures, after having served as a general partner for the past six years. AV sent the following email this morning to its limited partners and other friends of the firm:  “We wanted to let you know that one of our General Partners, Basil Horangic, has decided to leave Austin to […]

Sorry for the very slow blogging over the past few days, but I’ve been caught in biz trip limbo. Right now that means that I’m taking hand-me-down VW to New York, for Buyouts Symposium East (storm has made more conventional travel difficult). Will be sure to post once I get into the Grand Hyatt, where I’ll be stationed […]

I just got back from Top of the Hill here in Chapel Hill, where many of the VCIC competitors and judges are still knocking back a variety of adult beverages. Per usual, it’s been my favorite industry event of the year (neither Schwarzman nor Bonderman invite me to their birthday parties). Anyway, a big congratulations to MIT, […]

J. Carter Beese Jr., a venture partner with Boulder Ventures, committed suicide Sunday in his Malibu home, at the age of 50. Funeral services are scheduled for 11am ET tomorrow, at the St. Thomas Episcopal Church in Owings Mills, Maryland. Beese joined Boulder in 2001 with an impressive financial resume. He previously had served as […]

A winning private equity bid is typically the one with the most zeros after it, but every now and then specific deal terms also come into play. The only problem is that most target companies don’t really know if the specific terms are buyer-friendly, seller-friendly or straight down the middle. It’s old-fashioned ignorance, borne of […]

Dow Chemical Co. is downplaying buyout rumors, after a UK tabloid reported that KKR and several Middle Eastern investors are prepping a $50 billion bid. A company spokesman says that Dow has “no interest” in a leveraged buyout, because it believes it can provide the most shareholder value by remaining a public entity. Now there […]

Hey Canada: I’ll be on BNN’s SqueezePlay program this afternoon at 5:10 ET, for a conversation about the mega-LBO market. We’ll talk Dow Chemical, fund sizes and more…

Why does Kaj-Erik Relander of Accel Partners look so glum? Probably because he lost an appeal to remove “convicted felon” from his resume. But don’t get too down yet Kaj – you’ve still got one more shot with Finland’s Supreme Court.  Relander, you might remember, was convicted in 2005 of having violated Finnish privacy laws while […]