NEW YORK, June 9 (Reuters) – Private equity firm Blackstone Group (BX.N: Quote, Profile, Research) said on Monday it hired Laurence Tosi from Merrill Lynch & Co (MER.N: Quote, Profile, Research) to be Chief Financial Officer. Michael Puglisi, Blackstone's current Chief Financial Officer, will remain a member of senior management, Blackstone said in a statement. […]
Richard Yen has joined Saban Capital Group as a director in the firm's venture capital and digital media investment group. He is based in Los Angeles, and previously was a principal with Blueprint Ventures. PRESS RELEASE Saban Capital Group, Inc. (SCG), a private investment firm specializing in the media, entertainment and communications industries, today announced […]
Michael Fineman has joined Chicago-based Maranon Capital as an associate. He was previously an associate with American Capital Strategies. www.maranoncapital.com
Anthony Yun has been named president of asset management firm Palo Alto Investors, succeeding firm founder William Edwards, who will remain as chairman and chief investment officer.PRESS RELEASE Palo Alto Investors, LLC, one of Silicon Valley's leading asset management firms, announced today that Dr. Anthony J. Yun, CFA, has been appointed President, succeeding William L. […]
GlassBOX Television Inc., a Toronto-based operator of cross-platform broadcast and VOD channels, has raised C$5 million in new VC funding. JLA Ventures led the round, and was joined by Aver Media, Frantic Films Corp. and several individual angels. PRESS RELEASE GlassBOX Television Inc. announces $5 million of new venture and strategic investment, including backing from […]
Beeco Inc., a semiconductor spinout from RTI International, has raised $5 million in Series A funding. RTI and Intersouth Partners co-led the round. Beeco's technology platform allows bare die integrated circuits to be densely populated onto a large area silicon substrate, replacing the current method of putting packaged die onto a conventional printed circuit board. […]
Restricted Stock Partners, a New York-based online marketplace for restricted securities and other illiquid assets, has acquired Trade Receivable Exchange Inc. (T-REX), an online auction platform for the bankruptcy trade claims market. No financial terms were disclosed. RSP is backed by Pequot Ventures. PRESS RELEASE Restricted Stock Partners (RSP) announced today that it has acquired […]
Lehman Brothers Holdings Inc on Monday announced plans to raise $6 billion to bolster its capital base after losses from trading and hedging led to an expected $2.77 billion second-quarter loss. Wall Street's smallest major investment bank said it expects to offer common stock and convertible preferred stock through public offerings, diluting existing shareholders. Shares […]
GenVault Corp., a Carlsbad, Calif.-based provider of room-temperature biosample management, has raised $13 million in new VC funding. Montagu Newhall Associates led the round, and was joined by return backers Cross Creek Capital, Domain Associates and QuestMark Partners. The company has now raised around $55 million in total funding since 2002. PRESS RELEASE GenVault Corporation, […]
RockYou, a San Mateo, Calif.-based developer of social widgets, has raised $35 million in Series C funding led by DCM. The company did not say if existing shareholders Sequoia Capital or Lightspeed Venture Partners also participated. PRESS RELEASERockYou, a pioneer in widget development and the leading developer and distributor of social applications on the social […]