Viadeo snaps up Soocial So Where are the hedge funds at? Despicable Things: One more thing to not like about News Corp. The Pendulum Swings and LPs take the upper hand Atop our Holiday Wish List… THIS. So Will THIS Icahn deal work out? The Future is in PE: GameStop may find its best propspects with a private equity buyer Late developer: African PE calls on latecomer China to back its funds Venture Capital Politics: Romney has eye of a VC Yahoo US Under Watch: THL eyes buyout of Yahoo's US business Facebook Gears Up: IPO on the horizon
Cleantech State of Mind Part 2: The returns
On the Move: Atlas Venture-backed FlashNotes relocates to Cambridge
French bank Société Générale is selling property loans worth more than 600 million euros ($801 million) reports Reuters. The Financial Times said it believes SocGen has invited a range of companies including private equity groups like Blackstone, Carlyle, Lone Star and Oak Tree and Italian hedge fund Chenavar to bid for the loans, writes Reuters. […]
Internet social network Facebook is preparing for a initial public stock offering next year, according to a source familiar with the matter, writes Reuters. Facebook is exploring raising $10 billion, the Wall Street Journal said on Monday. It hopes the offering will value the company at more than $100 billion, according to WSJ, which first […]
Thomas H. Lee Partners is interested in buying the US operations of Yahoo, writes Reuters. THL is hoping to do a leveraged buyout of Yahoo’s U.S. business, which could be worth $5 billion to $6 billion, and draw on its experience running other media assets such as Nielsen Co, Clear Channel and Univision to turn […]
Chicago-headquartered mid-market private equity HCP & Company has acquired a majority interest in Polaris Hospital Company. Polaris, founded in 2007 and based in Brentwood, Tennessee, acquires, develops and operates hospitals and offers behavioural health and physical medicine/rehabilitation services. The investment in Polaris marks HCP’s fourth investment from its second fund and its first in the […]
The Department of Justice has opened an investgation into the $4 billion takeover of Del Monte Corp by private equity investors led by KKR, according to court papers regarding an investor settlement over the transaction, writes Reuters. The department’s antitrust division has been investigating the facts and circumstances surrounding the sale of Del Monte, reports […]
Commerce Street Investment Advisor said Monday that it has hired Richard Jakob as an MD. He will work with Kurt Plumer, who recently joined CSIA earlier this year. Jakob and Plumer had both worked at Highland Capital Management.
Michael Cho has joined Allegiance Capital Corp. as a VP in the Dallas office. Most recently, Cho was a corporate attorney at Akin Gump Strauss Hauer & Feld.
(Reuters) – Twitter has acquired a start-up company that makes software to improve security and privacy for smartphones and other mobile devices. With its acquisition of Whisper Systems, Twitter gains technology to bolster security of its fast-growing microblogging service and gets a pair of highly-respected experts in the field of online security. Whisper Systems was […]
Weil, Gotshal & Manges said Monday that it has named 11 new partners and six new counsel effective Jan. 1. The promotions include Alexandre Duguay, of the Paris office, who was named a partner. Duguay focuses on private equity and M&A.