The Blackstone Group is nearing a deal to sell Equity Office properties in Seattle and Washington D.C. to Beacon Capital Partners of Boston, according to The Wall Street Journal. The deal would be worth roughly $6.5 billion, and would follow a reported agreement whereby Blackstone would sell Equity Office's New York office buildings to Macklowe […]
Goldman Sachs Capital Partners is planning to raise upwards of $19 billion for its sixth buyout fund, according to The Wall Street Journal. It already has secured over $8.7 billion in capital commitments, according to a report in this week's issue of Buyouts Magazine. www.gs.com
Martin Lewis has joined Greenhill & Co. as a New York-based managing director focused on financial restructuring. He previously was with Rhone Group and, before that, was a co-founder of Miller Buckfire Lewis & Co. and a managing director with The Blackstone Group. www.greenhill-co.com
SAC Capital Advisors has hired Peter Berger to help launch a private equity group focused on Japan, according to Reuters. Berger previously was with Ripplewood, and will be joined by fellow Ripplewood pros Frank Barker and Jeffrey Hendren once their contracts expire this summer.
Patrick Harr has been named CEO of Streamload Inc., a San Diego-based provider of personal media delivery solutions. He previously was an entrepreneur-in-residence with Enterprise Partners Venture Capital and, before that, was president and CEO of Preventsys Inc. VentureWire reports that Streamload is nearing done raising a Series C round of between $8 million and […]
Targa Resources Partners LP, a Houston, Texas
Tuareg Capital has held a $30 million first close on its inaugural Libya Fund, which has a total target of $100 million. The firm also announced a strategic partnership with Capital Management House of Bahrain, whereby the two firms will partner on certain opportunities in North Africa
Sharewire, a Dutch mobile solutions provider, has raised Euro 1.2 million in VC funding from Main Capital Partners. www.sharewire.net
Promptu Inc., a Menlo Park, Calif.-based provider of voice-powered search and navigation services for mobile operators, has raised $5.6 million in new VC funding. Return backers include Steelpoint Capital and Lauder Partners. The company previously raised an $11.6 million round in September 2006. www.promptu.com
William Candelaria has joined Gibson, Dunn & Crutcher LLP as a New York-based partner. He previously was with Mayer, Brown, Rowe & Maw, and focuses on M&A, capital markets and private equity