JPMorgan Chase has promoted Karen Simon to global co-head of financial sponsors. She will work out of London, alongside fellow co-head George Foussianes in New York. Former global head of financial sponsors John Coyle left last month to join Permira. www.jpmorgan.com
Element Partners, a cleantech VC firm formerly known as DFJ Element, has held a $262 million first close for its second fund, according to a regulatory filing. The firm is seeking upwards of $400 million. Lehman Brothers is serving as placement agent. www.elementpartners.com
Charter Life Sciences has held a $56.4 million first close for its $150 million-targeted second fund, according to a regulatory filing. Limited partners include Pacific Coast Investors and The Ohio Capital Fund. www.charterls.com
Edmond de Rothschild Investment Partners has raised EUR 150 million for BioDiscovery 3, a venture capital fund focused on European life sciences opportunities. The firm also opened a 10% “greenshoe” for additional limited partners. Read more
Coverity Inc., a San Francisco-based provider of software quality and security improvement solutions, has acquired Codefast, a San Jose, Calif.-based provider of scalable software lifecycle automation systems. No financial terms were disclosed. Coverity earlier this year raised $22 million in its first round of institutional funding, co-led by Foundation Capital and Benchmark Capital. Codefast has […]
SunEdison LLC, a Beltsville, Md.-based solar energy services provider, has raised $131 million in new private equity funding. It also secured $30 million in debt financing. Backers include Greylock Partners, HSH Nordbank AG, Applied Ventures, Black River Commodity Clean Energy Investment Fund, MissionPoint Capital Partner; and Allco Renewable Energy Ltd. PRESS RELEASE SunEdison, North […]
Quinlan Private has raised EUR 725 million for its latest private equity real estate fund. It is the firm's first fund open to U.S. investors, who contributed EUR 400 million. PRESS RELEASE Quinlan Private ('QP'), the leading international private equity and real estate group, is pleased to announce that it has completed its first […]
William “Boots” Del Biaggio has resigned as one of four general partners at Sand Hill Capital, citing “personal reasons.” PRESS RELEASESand Hill Capital today announced that William 'Boots' Del Biaggio III has resigned as general partner for personal reasons. Mr. Del Biaggio was one of four general partners at Sand Hill Capital. Subsequent to […]
Qiming Venture Partners has closed its second fund with $320 million in capital commitments. The Shanghai-based firm focuses on VC opportunities in China, and partners with Seattle-based Ignition Partners. In other Qiming news, the firm made several personal announcements: Robert Headley, an Ignition partner and former head of finance for Starbucks, has joined Qiming's […]
Dharmash Mistry has joined Balderton Capital as a partner. He has spent the past eight years with Emap, including as managing director of consumer media and performance. He was part of the team that sold eMap's consumer magazine business to H. Bauer for Gbp1.1 billion. PRESS RELEASE Balderton Capital, the leading venture capital […]