Jonathan Marino
peHUB.com continues to comb federal filings for the latest in start-up investments and VC deals. In today’s edition, we have energy services firms, nutritional drinks and a prescription benefit manager. Some have already crossed the finish line, so the best VCs can hope for is another round later on; others are still looking to scoop […]
BDO Capital Advisors has boosted Dan Shea to the role of managing director. He will remain in BDO’s Los Angeles office. Shea came to BDO after working with Hadley Partners and W.Y. Campbell & Co., as well as Ernst & Young.
Got our e-mails? Get our e-mails. When You Call it “B.O.,” There’s a Different Connotation: PE takes on little leverage in Brazil Mark It to Buffett? The Oracle begrudgingly takes accounting charges A Lifeline for Guy Hands: Bertelsmann eyes acquisitions having reduced its debt Slipping: Germany overtakes the U.S. in the alternative energy race, says the Pew Charitable Trusts
The California Public Employees’ Retirement System has added Russell Fong as its acting CFO. He is currently Interim Assistant Executive Officer of the CalPERS Administrative Services Branch.
SecondMarket is looking into the possibility of allowing private companies to bypass venture capital firms and sell shares directly to individual investors, peHUB has learned. “It creates a very interesting opportunity for us as a business,” SecondMarket CEO Barry Silbert told peHUB, adding, “We’re not doing this right now.” SecondMarket provides a market where private […]
The Riverside Company added Mitco Inc. to its DuBois Chemicals asset. Based in Grand Rapids, Michigan, Mitco is the third add-on acquisition for Cincinnati, Ohio-based DuBois. Riverside partnered with KeyBank (as Agent), U.S. Bank and TriState Capital Bank who provided all of the financing for the transaction. Jones Day provided legal counsel on the deal.
Chimerix Inc., the VC-backed pharmaceutical company, has brought Timothy Trost on board as a senior vice president and as its financial chief. Trost has more than 30 years’ experience, and will report to Kenneth Moch, the company’s president and CEO. Trost has previously served for companies that either went public or were sold to a listed entity.
Web site TechCrunch.com reports today that Israel-based startup Wix has raised $40 million from a group of investors. Mangrove Capital Partners, DAG Ventures, Benchmark Capital, Bessemer Venture Partners and Insight Venture Partners were reported to have participated in the round. This brings Wix’s fundraising total to $61 million, the site reported. Link here.
Pacific Investment Management Co. is raising billions of dollars for a fund that will behave similar to those managed by WL Ross & Co., the private investment firm that, since the recession’s onset, has been buying into community banks with expectations that the industry will consolidate. Like WL Ross & Co., Pimco is not going […]
Signaling a continued interest in striking deals on the other side of the Atlantic Ocean, Boca Raton, Fla.-based Sun Capital Partners is shifting senior managing director Michael Kalb from the U.S. to the U.K. Kalb is one of Sun Capital’s longer-tenured execs. He joined the investment firm in 1999 and, according to Sun’s Web site, has been responsible for over 45 investments of Sun Capital's portfolio investments.