PE Hub Staff
NEW YORK — Baker Capital, a private equity firm focused on communications industry investments, today announced the return of Dr. James G. Cosgrove as CEO in Residence. Dr. Cosgrove, formerly an AT&T senior executive served as CEO of S2 Systems since its acquisition by Baker Capital in April of 1999. Before joining Baker Capital initially, […]
ALPHARETTA, GA — Proxima Therapeutics Inc., a developer and marketer of site-specific cancer treatments, today announced the completion of a $17 million round of financing. The financing was lead by Domain Associates, a Princeton-based venture capital management company with a focus on life sciences. In addition to Domain, participants included Merrill Lynch Ventures, NeuroVentures Capital […]
NEW YORK – U.S. private equity investors are confident that the overall economic performance of Latin America in 2001 will be positive, citing Brazil (44%) and Mexico (22%) as their two most popular investment destinations for the next twelve months, according to the fourth annual survey of U.S.-based private equity funds by PricewaterhouseCoopers’ Latin America […]
HOUSTON — Hostcentric Inc., one of the largest privately held managed service providers offering a full range of Web hosting services, e-commerce solutions and technology infrastructure, announced today that it has secured $33.5 million in its second round of funding, led by Thomas Weisel Capital Partners, L.P., Notre Capital Ventures III, L.L.C., BNP Europe Telecom […]
LONDON & NEW YORK –Wide Learning, Europe’s leading supplier of e-learning solutions to the financial services industry, today announced the completion of its second round of venture capital funding. The GPB13m (US $19.1m) preferred equity investment led by J.P. Morgan Capital Corporation will be applied to grow the company’s range of products and solutions and […]
SALT LAKE CITY — NextPage Inc., the leader in Peer-to-Peer Content Networking solutions, announced today that it has raised approximately $20 million of private equity from Oak Investment Partners, epartners, Dominion Ventures and Amp Capital Partners. This second round of funding will be used to accelerate the adoption of NextPage’s Peer-to-Peer Content Networking Platform for […]
PALO ALTO, CA — Accel-KKR Inc. announced today that Paul Hazen joined its board of directors and will serve as chairman. Mr. Hazen served as chairman and chief executive officer of Wells Fargo & Co. (NYSE: WFC) from January 1995 to November 1998, president and chief operating officer from 1984 to 1995 and vice chairman […]
CHICAGO — Houlihan Lokey Howard & Zukin, an international investment bank headquartered in Los Angeles, today announced that David E. West, has joined the firm as a Director in its Chicago office. With 20 years of financing experience, Mr. West will be responsible for originating private placements of debt, equity-linked and equity securities for the […]
LONDON — With effect from today, the business formerly known as Dresdner Kleinwort Benson Private Equity will be known by the brand name “Dresdner Kleinwort Capital” (“DrKC”) on a global basis. Dresdner Kleinwort Capital is the sole private equity business of Dresdner Kleinwort Wasserstein, the investment banking division of Dresdner Bank AG. NEW YORK — […]
NEW ROCHELLE, NY — The MusicBooth LLC, an online advertising services and technology company whose patented new AdAcoustics technology enables advertisers to deliver targeted, one-on-one audio messages within broadcast and web cast radio streams, today announced it has raised $2.3 million in second round funding led by Prime Ventures Inc. BOSTON — Ximian, the leading […]