Co-investing is an area in which investor interest doesn’t seem to be abating. There are plenty of ardent proponents of the practice, as well as some vehement skeptics. One thing that seems certain, though, is that co-investment is an ingrained and fundamentally important part of the private markets landscape and a subject that commands ongoing […]
Marathon seeks $750 mln for specialty finance fund; Foundations see strong returns from PE; Should retail investors be allowed to invest in PE?
First Read begins the day with news that Amgen is buying Celgene's psoriasis drug Otezla for $13.4 billion, AT&T's CEO of Communications John Donovan will retire in October, and the BBC is launching a voice assistant that will understand British accents.
This week’s jobs include directors at PNC and Invesco and an investment officer at New York State Teachers Retirement System.
Seven problems with carried interest allocation; Coller, HarbourVest lead $1 bln-plus Insight Venture revamp; CalPERS board sends draft code of conduct back for overhaul
First Read begins the new week with news that President Trump orders U.S. companies doing business in China to relocate elsewhere after Beijing unveils new tariffs on U.S. goods, VMware acquires Carbon Black for $2.1 billion and Pivotal for $2.7 billion, and toymaker Hasbro now owns Death Row records.
Emerging manager fundraising picks up steam, What are you reading this summer?
First Read closes out the week with news that Overstock CEO resigns following a controversial press release, KKR is reportedly exploring a $5 bln sale of Epicore Software and hundreds of Uber and Lyft drivers to launch protest caravan across California.
KKR preps next Asia fund, Paul Allen family office to make Asian expansion
First Read ushers in the day with news that Dick's Sporting Goods is testing if it should stop selling guns, President Trump is no longer considering a tax cut package and Alibaba postpones IPO amid Hong Kong protests.