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Fall behind on what happened in Private Equity and Venture Capital last week? Have no fear – here’s the most-read stories that appeared on PEHub.com:
Jobs of the Week: HarbourVest, Carlyle, Partners Group, and Credit Suisse are hiring
Posted: 3/7/2016
In Jobs of the Week, HarbourVest and Carlyle's AlpInvest are seeking associates, Partners Group is looking for an investment analyst, and Credit Suisse is hiring for its new private equity business.
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Why growth companies are staying private
Posted: 3/8/2016
Some in the venture community see the fact that there have been only a handful of tech IPO's in the last six months as the harbinger of doom. To understand what's happening, you have to ask what a growth company needs from its capital markets.
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Venture Capital's Rosetta Stone
Posted: 3/10/2016
John Backus of NAV offers up a Venture Capital Rosetta Stone to translate all of the jargon that is widely used in the VC industry into something that is actionable for entrepreneurs
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Pritzker Group names first network relationship manager
Posted: 3/7/2016
Pritzker Group hired Kristi Dula as its first network relationship manager. Based in Chicago, Dula will be responsible for facilitating relationships for Pritzker's family of companies, connecting them with the firm's network of experts, strategic partners and potential customers.
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Propel raises $4.2 mln Series A from Cloud Apps, Salesforce and SignalFire
Posted: 3/10/2016
Propel said it raised $4.2 million in a Series A financing led by Cloud Apps Capital Partners and joined by Salesforce Ventures and SignalFire. The capital will support sales and marketing efforts, and accelerate the development of the company's product lifecycle management product. Matt Holleran of Cloud Apps Capital Partners will join the board.
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Mucker raises $45 mln for new seed fund
Posted: 3/9/2016
Seed-focused Mucker Capital from Los Angeles has raised $45 million for a second institutional fund, which expects to make seven to nine seed deals a year in addition to 10 pre-seed investments through the firm's MuckerLab accelerator.
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Partners Group to buy Axia NetMedia for $203.2 mln
Posted: 3/9/2016
Partners Group said Wednesday it agreed to buy Axia NetMedia for C$4.25 a share or C$272 million ($203.2 million). Axia NetMedia, of Calgary, designs, installs and operates "open access" fiber-based internet and data networks across North America and France.
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Duff & Phelps promotes 13 to MD
Posted: 3/9/2016
Advisory firm Duff & Phelpspromoted 13 professionals to managing director. Promotions in the firm'sM&A practice include: Nicholas Clemens, Darren Gange, Bradley Hileman, LauraMcNaughton, Margaret Mi and EdwardMielke.
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PE HUB Second Opinion
Posted: 3/7/2016
In Monday's Second Opinion, TPG is said to write down its J. Crew stake by 84 percent as revival hopes dim, the average Wall Street bonus fell 9 percent last year, and Maria Sharapova says she failed a drug test at the Australian Open.
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PE HUB First Read
Posted: 3/8/2016
In today's First Read, Bloomberg won't run for president, SoftBank will split its businesses, and Lyft ridership has increased 500 percent in New York since May.
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CoverWallet launches with $2 mln in seed funding
Posted: 3/8/2016
CoverWallet, an online insurance manager, raised $2 million in seed funding fromTwo Sigma Ventures, Highland Capital Partners, Founder Collective and numerous angel investors.The New York-based startupwasin stealth mode until this week.
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PE HUB First Read
Posted: 3/11/2016
First Read takes you into the bbq-style weekend with news Carlyle got an extension for a boom-era mega-fund, Porsche plans to take on Tesla and hero on the subway uses illegal device to jam cell phone signals for peace and quiet.
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