Jonathan Marino
Talking Big: Battery Ventures expects nine IPOs. That’s nine companies going public… NINE TIMES. Discoloration: Techcrunch reports Peter Pham has left Color We Do it the Old Fashioned Way: How Steve Jobs really turned Apple into a juggernaut Killing It: Ackman makes a mint on JCPenney’s new hire
Warren Lee has been promoted to general partner within Canaan Partners, the VC firm he joined in 2005. He serves as head of Canaan Partners’ New York City office. Lee also hosts the Startup@Work Founder Speakers Series and founded the NYC Turing Fellowship Program. Prior to joining Canaan, he worked at Comcast Interactive Capital.
Verto Partners has lured Pete Bassi, former president and chairman of YUM! Restaurants International, to join the Dallas-based firm as a managing director and partner. Under Bassi’s leadership, Yum opened new locations in multiple new countries. He also currently serves on the Board of Directors for BJ's Restaurants Inc. and Potbelly's.
Talk about too little, too late. Monday, word leaked to CNBC from Facebook sources that paperwork to launch the world’s biggest social network public could come in as little as four months, and that an IPO would likely follow in the first quarter of 2012. Then, earlier today, Fortune reported that House lawmakers are weighing […]
Got Our Emails? Get our emails—totally free!! There’s a Saying About Every Dog’s Rear End… Futures finally pointed north Here Comes Trouble: It will be, at least, Tea for Two with Michele Bachmann’s entry into the GOP Presidential field Now HiringPromoting: UBS makes some boldface name promotions
Pangea Equity Partners, the Illinois fund that has been acquiring distressed multi-family real estate in the Midwest, has packed another $80 million into its coffers as it prepares to look at additional investment opportunities, a source told peHUB. The latest REIT add-on comes as the U.S. economy faces unstable vital signs and as the American property market continues to tread water. Now, with its add-on REIT recently closed, the private REIT will begin buying up more distressed properties in the Chicago area, and may fan out even further than prior efforts have taken it. The investment firm operates Pangea Real Estate, a building manager. Pangea makes investments in the distressed residential multi-family real estate market, targeting affordable housing and bolstering operations with proprietary call center technology...
Boston-based venture capital firm Polaris Venture Partners has boosted Jason Trevisan to the role of general partner. He’s been with the VC since 2003. Prior to joining Polaris Venture Partners, Trevisan was an executive at aQuantive, which was acquired later by Google. Trevisan has worked on investments including ShoeDazzle and LegalZoom.
Lextron Inc., the Colorado-based animal health product distributor, has acquired Animal Health International from Charlesbank Capital Partners. The exit comes after a six-year hold for the Massachusetts-based private equity firm. Charlesbank Capital Managing Director Brandon White worked on the investment in Animal Health International for the private equity firm.
CIT Vendor Finance is backing MAGE SOLAR USA, and together, the two businesses will operate a financing program for the MAGE GROUP that will make more accessible the alternative energy provider’s panels for commercial users. MAGE SOLAR is based in Georgia.
A Bold Call: 247wallst says Microsoft will whip Apple in the next four years Sacre Bleu! IMF gets whacked by cyber attack Tweeting Too Hard: Biotech execs will need to start keeping an eye on Twitter Theyyyyyy Are the Champions! Mavs smack Heat down for NBA title