PEI Staff

Backed by tax credits from the state and fueled by a mission to boost capital available to in-state entrepreneurs, Utah Fund of Funds’ second vehicle is poised to invest a minimum of $100 million to buyout and venture capital funds. The fund of funds is also searching for a non-discretionary adviser to help identify and […]

General Electric Co. has reached an agreement to buy one of its main competitors in the market to finance mid-sized leveraged buyouts. A formal announcement of GE’s acquisition of the mid-market lending division of Merrill Lynch & Co. is expected later this week, sources told Buyouts. With the purchase of Merrill Lynch Corporate Finance, GE […]

Advent recently announced the acquisition of a majority stake in the Hudson Group, a clear sign of its commitment and interest for an often overlooked sector, the travel retail industry. After suffering from external negative events such as Iraq, SARS and 9/11, the shoppers appear to be back on the airport stores, and funds are […]

I am pleased to have as a guest blogger, Nitzan Shaer, who was an Entrepreneur in Residence (EIR) with us at IDG Ventures for the first half of this year.  Nitzan had previously started Skype Mobile and prior to that worked at Microsoft Mobile.  Nitzan recently left us to take the COO position at Mobivox, […]

Tumultuous credit markets are changing the private equity landscape. We’ve seen a falloff in upper and mega-market private equity deals, with some private equity groups exposed by a string of imprudent — and, in some cases, broken — deals. The massive leveraged buyouts that helped boost M&A activity to record levels earlier this year have […]

The wind power business provides valuable insights about prospective opportunities in sustainable energy. So says Ted Noble, vice president of Wintec Energy, a renewable energy and real estate company with headquarters in Palm Springs. Wintec has been in the renewable energy business for over twenty years as a developer, owner and operator of wind energy […]

While many consumers are focused on the hectic holiday shopping season, many CEOs are focused on the hectic annual planning season. Each of my eight VC-backed boards are in the throes of this annual ritual – trying to gaze into the crystal ball to divine what next year’s results will look like and how to […]

As many of you know, I travel several weeks a month for Pinnacle Group. In each of the 25 cities we actively recruit in, I spend part of each week interviewing candidates, part of each week meeting with firms and usually one day attending a conference or networking event. I love it and it gets […]

Dr. Peter Borden, a Distinguished Member of the Technical Staff with the Solar Business Group of Applied Materials, recently shared several insights from his history in solar power. Long involved professionally with solar power, Dr. Borden has installed a SunPower solar system and a flash water heater at his home to facilitate an end-user perspective […]

General Electric Co. and Cerberus Capital Management top a list of suitors lining up to buy the middle-market senior lending arm of Merrill Lynch & Co. by year-end, several sources familiar with the process told Buyouts (a sister magazine to peHUB). The beleaguered New York investment bank began shopping Merrill Lynch Capital over the summer and […]