PE Hub Staff
SAN FRANCISCO — Golden Gate Capital, a newly formed private equity firm, today announced the closing of its initial fund totaling $700 million. Golden Gate Capital will seek to partner with management of privately and publicly held companies to pursue buyouts, recapitalizations, leveraged build-ups and growth equity investments in high-growth, change-intensive businesses. Transaction sizes will […]
NEW YORK — The Auda Group, a leading international investment advisor that specializes in alternative investments for U.S. and European institutions and high net worth investors, announced the closing of its $185 million fund-of-funds, Auda Ventures L.P. This partnership is Auda’s sixth private equity fund-of-funds and focuses on investments in top-tier venture capital funds. Auda […]
MARLBORO, MA — Conversent Communications, LLC, an Integrated Communications Provider (ICP), today announced it has secured $186 million in a second round of funding led by FleetBoston Financial and CIT Lending Services. The investment is comprised of $105 million in senior secured debt committed by Fleet, CIT, GE Capital Corporation, IBM Credit Corporation, and Bank […]
ANDOVER, MA — CMGI, Inc. (Nasdaq: CMGI), a leading global Internet operating and development company, today announced that its Board of Directors has reconfirmed its support for @Ventures, the company’s venture capital affiliate, acknowledging the key role that continued investment in new technologies plays in CMGI’s larger business model. In recent months, @Ventures has realigned […]
IRVINE, CA TransDimension announced that it has received $13 million in series B financing, bringing the total equity investment in the company to $15.5 million. Shelter Capital Partners led the round, which also included Alcatel Ventures and Rolling Oaks Capital. The funding will be used to accelerate development and marketing of the company’s new USB […]
SAN FRANCISCO — OpsXchange, the e-procurement enabler for the real estate industry, has secured a third round of funding led by Internet Realty Partners, LLC, a fund sponsored by Cohen & Steers Capital Management, Inc. Also investing in the round are Equity Residential Properties Trust (EQR) and Camden Property Trust (CPT), two of the largest […]
NEW YORK — Josephthal & Co. Inc. announces the addition of Margaret L. Chan as Managing Director in its Investment Banking division. Ms. Chan has more than 20 years of experience in diverse public and private transactions. At Josephthal, she will focus specifically on private placements of debt and equity capital for middle-market companies. Previously […]
WASHINGTON, DC — The Carlyle Group, a leading global private equity firm, today announced two additions to its US Venture Team. Allan C. Thygesen joins the firm’s San Francisco office as Managing Director and Brian W. Hayhurst joins the Washington, DC office as Principal. Prior to joining Carlyle, Mr. Thygesen worked for almost five years […]
FAIRFAX, VA — Plateau Systems Ltd., today announced the receipt of $18 million in equity funding which will be used to rapidly expand the company’s mission of providing leading-edge learning management systems to regulated industries and corporate entities. AIG Horizon Partners LLC, EuclidSR Partners and GE Equity provided the equity investment in equal shares. Investments […]
ANN ARBOR, MI — Ann Arbor- based EDF Ventures, a venture capital fund focused on commercializing emerging technologies, today announced the promotion of Principals Jim Adox and Beau Laskey to the position of Partner. Adox joined the firm as an Associate in 1997 following three years with Tenneco Automotive as a Sales, Marketing and Business […]