Dan Primack
I’m worried that this column is beginning to resemble PE Consultants in Trouble, an unpopular straight-to-video flick from 1983. But since the material keeps coming, I’ll keep reporting it. Today’s news involves Aldus Equity Partners, a Dallas-based shop founded in 1998. Sources tell me that Aldus’ partners have effectively ousted firm founder Saul Meyer, and […]
There have been many critics of the recent boom in SPAC filings, particularly given that the asset class is the historical home of hucksters and con artists. After all, these vehicles literally have the words “blank check” in their S-1 filings. But it finally may be time to reign in the catcalls, since many respected […]
The Boston Globe is keeping tabs on an odd story about Richard Garnick, a top Keane Inc. executive who believes he was fired for discussing possible job opportunities with The Carlyle Group. Garnick was viewed as a possible CEO candidate at Keane, but was terminated for allegedly violating Keane’s travel policy and having unauthorized communications. […]
Most VC firms make partner-level changes before they close a fund, but Bay Partners is going in a different direction. The Cupertino, Calif.-based firm closed its $290 million eleventh fund last fall with five general partners: Neal Dempsey, Atul Kapadia, Chris Noble, Bob Williams and Dino Vendetti. Vendetti left soon after the fund close to […]
Pacific Corporate Group may soon lose one of its largest advisory clients, just weeks after four top managers left in a dispute over firm economics. The Oregon Investment Council will soon issue an RFP for a new private equity consultant, which is separate from an existing private equity RFT for the smaller Oregon Growth Accounts […]
Several months ago, this space endorsed several candidates for federal and state office. The only metric was whether or not the candidate had some connection to the private equity market (my politics were completely left out of it – even though some hard-headed readers insisted otherwise). We’ve only got two of six remaining: Chris Gabrieli […]
Every time the PE Week Wire adds another thousand subscribers, I like to remind you that this free service is just a tiny speck in our editorial universe. To traverse the entire cosmos, however, you must become a paid subscriber. So whip out that corporate credit card, and buy a year’s worth of Buyouts Magazine, Private Equity […]
The sun is shining, the Red Sox season is mercifully over and at least one of the PE Week Wire’s endorsed candidates will win office this November (since he’s officially running against Rep. Mark Foley). In other words it’s time for Monday Mouth-Off. First up are some emails about the AA Capital situation, in […]
Today represents the end of Q3 2006, which means that it’s time for a quick look back on the quarter’s PE-backed IPO activity. Buyout-backed offerings bested VC-backed offerings in terms of both volume and total raised (see chart below), but LBO-backed companies were not so fortunate in the aftermarket. The average aftermarket performance for […]
Today represents the end of Q3 2006, which means that it’s time for a quick look back on the quarter’s PE-backed IPO activity. Buyout-backed offerings bested VC-backed offerings in terms of both volume and total raised (see chart below), but LBO-backed companies were not so fortunate in the aftermarket. The average aftermarket performance for VC-backed […]