Jonathan Marino

Sharpen Your Spikes: DC softball pits regulators against each other Here Comes Dov: American Apparel to team with eBay Playing the Blame Game: Obama, Boehner, can’t seem to play nice like Goodell, Brady More PE in Asia: KKR-backed Intelligence continues to grow

Private equity firm Elevation Partners plans to raise a new seed stage fund, peHUB has learned. As peHUB previously reported, Elevation Partners co-founder Roger McNamee said in a speech late last month that his firm would start make seed stage investments. A source with knowledge of Elevation’s plans tells peHUB that the firm will not make the seed investments out of its $1.8 billion PE fund, raised in 2005. Instead, the firm will raise a new fund, the source says, noting that the size of the vehicle has yet to be determined. McNamee first spoke about his interest in seed deals at the Paley Center for Media in Los Angeles, telling the audience that

Strategic consolidation in the prescription drug benefit management (PBM) business is afoot, but it can only go so far. The merger of Express Scripts and Medco showcases how aggressive competition has become to best streamline the drug delivery business. A bigger PBM has more clout in negotiations with pharmaceutical providers, making mega-managers increasingly attractive to […]

Sign Up!: Sign in, and tune into breaking private equity and venture capital news, for free! Stocks: Futures slump on debt deal news Signs of a Bubble: Carlyle’s China portfolio shows weakness They Do: NYC’s first day of gay marriage goes off with quite a few hitches

DOUBLE RAINBOW!!!! It’s Friday! The NFL lockout will end soon!!! All the way!! Seven Paragraphs!? Yes, not content to lose in the courtroom to Mark Zuckerberg, the Winklevi responded to Larry Summers’ comments about them in Colorado by writing a letter to Harvard President Faust decrying his “betrayal of the unique relationship between teacher and student.” Crybabies… Now, go try a media internship. Really sucks when you don't even get paid.

Yer Doin’ It Wrong: Early Reddit employee, Harvard fellow busted in alleged hack What About the One on Canal St.? They’re not just ripping off Apple products in China—they’re making entire fake stores! Falling Knives: Can Greece escape disaster? Dealing: Just because PE can’t do a $10B deal, doesn’t mean strategics can’t do one three times that size

GrowOp Technologies Ltd. is working with New York’s Ardent Advisors to go public soon, bringing a company with operations centered on the marijuana-growing industry to the equities markets. Founder Derek Peterson says he expects that once the pot-light enterprise locks down another round of financing from a foreign backer (who he declined to identify) GrowOp […]

Redpoint Ventures’ Menlo Park offices must be an awfully happy place to have been these last 12 months. The VC has racked up billions of dollars’ worth of IPOs, sales to strategic buyers and even launched itself into a handful of new investments as of late. Some of its deals—like eye-popping multiples on Cloud.com, or […]

READ. OBEY. Or, just sign up for the peHUB newsletter. It’s free, and packed with more news and breaking stories on investments. Dealing: Ecolab, Nalco near $5B transaction What’s in a Name? Twitter nearly named Jitter Buying In: KPCB buys into FindTheBest again

Where the Scoops Are: Sign up for the FREE peHUB daily e-mail here!!! Strange Days: Inside Ray Dalio’s money machine Best Thing Ever? Product reviews of the King James bible @ Amazon Bleached! Clorox tells Icahn where to go