Spire Capital Partners of New York is raising up to $300 million for its second fund, according to a regulatory filing. As of December 8, it had secured $89.95 million in commitments. The firm's inaugural fund was capped at $260 million. www.spirecapital.com
Edison Venture Fund is planning to close its sixth fund by the end of March with $240 million, according to VentureWire. It already has secured $232 million in capital commitments from LPs like BlackRock, Colorado Public Employees' Retirement Association, Lincoln Financial Group, Metropolitan Life Insurance Co., New York State & Local Retirement System and the […]
Institutional Venture Partners is targeting $400 million for its twelfth fund, according to Private Equity Insider. www.ivp.com
Ralph Parks has joined Oaktree Capital Management as chairman of its Asia-Pacific operations. He previously was chairman and CEO of JPMorgan Asia Pacific. www.oaktreecapital.com
Clive Norton has joined Helix Associates, a private equity fund placement subsidiary of Jefferies International, as a London-based managing director. He previously was with Goldman Sachs as co-head of European private equity. www.helix-associates.com
Inder Duggal has joined MMV Financial as COO and CFO. He previously was CFO, secretary, treasurer and director of Canadian technology company Hummingbird Ltd. www.mmvf.com
Stuart Duty has joined Piper Jaffray as a managing director and co-head of its Healthcare I-banking team. He previously was a partner, COO and director of strategic investments with Oracle Investment Management. www.piperjaffray.com
Adam Roseman, founder and CEO of ARC Investment Partners, has been named interim CEO of Xyience Inc., a Los Angeles
Validus Holdings Ltd., a Bermuda-based reinsurance company, has filed for a $200 million IPO. It plans to trade on the NYSE under ticker symbol VR, with Goldman Sachs and Merrill Lynch serving as co-lead underwriters. Validus was formed in October 2005, with funding from Aquiline Capital Partners, Goldman Sachs Capital Partners, Vestar Capital Partners, New […]
Mellanox Technologies Inc., a Santa Clara, Calif.-based provider of interconnect solutions for servers, storage and infrastructure equipment, has set its proposed IPO terms to six million common shares being offered at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol MLNX, with Credit Suisse and JPMorgan serving as […]