| Vista Equity puts Social Solutions on the block, SEC’s ex-PE examinations co-chief launches consultancy
Happy Thursday!
Vista Equity is shopping its company Social Solutions, a cloud-based provider for non-profits, working with Harris Williams on the process, writes Milana Vinn on PE Hub. Vista acquired the company in 2014 and has grown the company through several strategic acquisitions.
Also, Igor Rozenblit, co-head of the SEC’s private funds unit, left the agency last week and formed a consultancy called Iron Road Partners. Rozenblit will seek to work with alternatives firms on various compliance issues, like preparing for examinations and investigations, working through challenging situations, as well as designing compliance programs.
The new firm will include an LP advisory council (the members of which he hasn’t yet revealed). LPs have deep insider knowledge of where exactly a firm may be deficient in terms of adherence with a fund contract and disclosure of potential conflicts. Read it here.
Read the fully wire commentary on PE Hub...
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Also of note (may require subscriptions) Wrap up: Imperial Capital Group secured $800 million for its eighth fund, beating its $750 million target, writes Kirk Falconer on Buyouts. The Toronto firm completed marketing in six to seven weeks, managing partner Jeff Rosenthal told Buyouts. Read it here.
New hire: TSG Consumer Partners named David Anderson as managing director in investor relations. Anderson previously worked at Texas Treasury Safekeeping Trust Co. where he was senior portfolio manager. Before, he worked as senior investment officer with New York State Common Retirement Fund, helping to manage a $7 billion portfolio of alternative and traditional investments. Read it here.
Funding: Goat Group, parent company of an online marketplace for sneakers, raised $195 million in a funding round that valued the company at $3.7 billion. Read it here on WSJ.
PE Deals 
They said it “The SEC often picks up on risks the LPs highlight.” Igor Rozenblit, former co-head of SEC’s private funds unit, and managing partner of Iron Road Partners, talks about his new consultancy.
Today's letter was prepared by Chris Witkowsky Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. 
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