Kevin Gillis has joined Third Rock Ventures as chief financial officer. He previously was VP of finance at Coley Pharmaceutical Group. Former Third Rock CFO Anne-Mari Paster will serve as a consultant going forward. Third Rock is a Boston-based venture firm focused on life sciences opportunities.PRESS RELEASEThird Rock Ventures, L.L.C, a venture capital firm focused […]
Zoosk, a San Francisco-based social dating network, has raised $4.1 million in Series B funding. Canaan Partners and return backer ATA Ventures co-led the round. PRESS RELEASE Zoosk, the fastest growing social dating network in the world, announced today it has completed its second round of funding, raising $4.1 million. The round was led by […]
Industry Kapital, a European mid-market private equity firm, has changed its name to IK Investment Partners. PRESS RELEASE Mid-market European private equity firm Industri Kapital announces the change of its name to IK Investment Partners (“IK”). The name change marks the evolution of the firm's investment and geographic focus. Since it was founded in 1989, […]
H.I.G. Capital has raised $3 billion for H.I.G. Bayside II, a distressed debt fund focused on middle-market and lower middle-market opportunities. PRESS RELEASE H.I.G. Capital, a leading global private equity firm, announced today that its distressed debt affiliate, Bayside Capital, has held a first and final closing on its H.I.G. Bayside II fund with total […]
NEW YORK (Reuters) – The latest capital raising by Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research) will help the investment bank remain independent for now, but it may have to look for a merger partner in the longer run. Lehman on Monday raised $6 billion in capital and projected a worse-than-forecasted quarterly loss of […]
Lazard Ltd. (NYSE: LAZ) has hired Wouter Gabriels as a managing director in Investment Banking in Europe, effective Sept. 1, 2008. Gabriels was the President of the Chancery and Chief of Staff of Prime Minister Guy Verhofstadt's Office in Belgium. He will work primarily out of France and Belgium, and will focus on European and […]
Riverside Co. has drawn up an add-on for IndustrieHansa Engineering & Consulting, a business division of Riverside's Advanced Information Systems Group. Riverside had designs on AICAT CA Technologies Consulting GmbH, a German digital engineering company. www.riversidecompany.com
Mistras Group Inc. seeks to hold an initial public offering on the New York Stock Exchange. The Princeton Junction, N.J.-based provider of technology-enabled testing software is planning an IPO worth up to $172.5 million. It has named Credit Suisse and JPMorgan as co-lead. Mistras will use IPO proceeds for general corporate purposes, including working capital […]
deCarta, a San Jose-based supplier of software and services for the Location-Based Services industry, has received a strategic investment of $6 million from T-Mobile Venture Fund managed by T-Venture, the venture capital arm of Deutsche Telekom AG. T-Mobile Venture Fund joins deCarta's existing premiere investors Cardinal Venture Capital, Mobius Venture Capital and Norwest Venture Partners. […]
Merrimack Pharmaceuticals Inc., a Cambridge, Mass.-based biotechnology company focused on the discovery and development of novel treatments for autoimmune disease and cancer, has raised $60 million in a series F private equity financing.Existing and new investors participated in the financing including Credit Suisse First Boston Next Fund Inc., Crocker Ventures, HNI Holdings Ltd., funds advised […]