The Boston-based venture firm was joined by Greylock Partners, Omidyar Network and SVB Capital in the Series C financing for Digg.
Gregory Case has joined middle market-focused LLR, noting that as Apax moved more firmly into mega-market territory, the smaller tech deals he specialised in 'just weren't large enough anymore'.
Highland Capital Partners has hired technology specialists and former Intel Capital senior executives John Hsin and Kuantai Yeh, just five months after Intel launched its second China fund.
The London-based firm is looking to invest mainly in the UK and Western Europe. The firm raised a £100 million fund earlier this year.
A Scotland-based company has raised a private equity fund and enlisted heavyweight LPs to finance the purchase of four industrial parts manufacturing business units from US conglomerate Textron.
HighView Investment Group, led by former BlackRock co-founder Ralph Schlosstein, has garnered $600m in commitments to target minority interests in independent alternative asset managers, including real estate.
The US firm is targeting $100m for its first Asian fund. Unlike other fund managers with grand expansion plans for Asia, Riverside is staying away from India and China.
The New York firm’s debut fund, targeting ‘unconventional’ deal flow, is nearly halfway to its $250m target.
London-based Moor Park Capital Partners, a private equity real estate firm, spun out of Nomura's Asset Finance Group last year. The new firm recently appointed Gareth Stephens as chief operating officer and chief financial officer. A chartered accountant, Stephens was formerly the finance director for the structured finance business at Lloyds TSB and was also the managing director in charge of the financial back office functions for JPMorgan's global derivatives operations. We spoke with Stephens about his approach to fund administration in the real estate world.
Private equity-owned companies can draw lessons from publicly listed companies in appointing and utilizing nonexecutive directors. Lessons include defining the role, improving risk management and controls expertise, and fostering relations with wider stakeholders.