Ardian raises $10 billion for private equity secondaries
Ardian just raised the largest private equity secondary fund in history. Was it really such a good idea? FORTUNE -- Ardian, the investment firm previously known as AXA Private Equity, today announced...
View ArticleDeals of the day: Biomet sold for $13 billion
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Crispr Therapeutics, a Swiss developer of gene-editing technology, has raised $25 million in Series...
View ArticleExclusive: Chobani CEO on TPG's mega-investment
Founder of the Greek yogurt maker says $750 million investment will go to help build food empire. By Beth Kowitt, writer FORTUNE -- Hamdi Ulukaya has built Chobani into a $1 billion-in-sales company in...
View ArticleDeals of the day: Warburg Pincus buys PayScale
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Juno Therapeutics, a Seattle-based developer of immunotherapies for cancer, has closed its Series A...
View ArticlePrivate equity inches closer to retail investors
NASDAQ is working on some sort of trading platform for private equity fund interests. Is this a pit-stop on the path to retail investor participation? FORTUNE -- Sixteen months ago, I wrote a magazine...
View ArticleLeonard Green managing partner Peter Nolan steps back
Veteran private equity executive Peter Nolan to transition into senior advisor role. FORTUNE -- Peter Nolan is stepping down as one of three managing partners with buyout firm Leonard Green &...
View ArticleDeals of the day: Pfizer circles AstraZeneca
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals InsideSales, a Provo, Utah-based provider of cloud-based sales acceleration technology, has raised...
View ArticleIt's time for private equity firms to start selling companies
PE firms have been gobbling up companies at a rapid clip and sitting on them for years. Harvest time has come. By Devin Mathews FORTUNE -- The private equity industry has spent almost 10 years buying...
View ArticleWellspring Capital buying Great Lakes Caring
Midwestern home health care provider is switching private equity sponsors. FORTUNE -- Wellspring Capital Partners has agreed to acquire Great Lakes Caring, a provider of hospice and home health...
View ArticleDeals of the day: Energy Future goes bust
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals InsideSales, a Provo, Utah-based provider of cloud-based sales acceleration technology, has raised...
View ArticleSEC chair: We've found 'bogus' private equity and hedge fund fees
Mary Jo White sounds the alarm on private equity and hedge fund managers. FORTUNE -- SEC Chairwoman Mary Jo White today testified in front of the U.S. House Committee on Financial Services, to discuss...
View ArticleDeals of the day: Exelon buying Pepco for $6.8 billion
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Apigee, a San Jose, Calif.-based API management company, has raised $60 million in new VC funding....
View ArticleHow TXU's 'bankrupt' owners could still win
It isn't just the fees the private owners extracted from the bankrupt energy company. In one scenario, some current owners could walk away with a kicker. By Lauren Silva Laughlin FORTUNE -- Energy...
View ArticleKronos hits $1 billion revenue mark
HR software company meets a major milestone, just weeks after getting two new equity holders. FORTUNE -- HR software provider Kronos today gathered all of its global employees -- many via video screens...
View ArticleDeals of the day: AT&T eyes DirecTV
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Farfetch, a London-based online fashion marketplace, has raised $66 million in Series D...
View ArticleFlag Capital raises $200 million for energy fund-of-funds
Flag Capital has raised its third energy and natural resources fund. FORTUNE -- Flag Capital has closed its third private equity fund-of-funds focused on energy and natural resources, Fortune has...
View ArticleNew details on that KKR fund for rich retail investors
Accredited investors soon will be able to get access to KKR funds for as little as $10,000. But many questions remain unanswered. FORTUNE -- Last week we discussed a Wall Street Journal report that...
View ArticleGores Group loses pair of managing directors
Jordan Katz and Tim Myers leave Los Angeles-based private equity firm. FORTUNE -- Jordan Katz and Tim Myers have both quietly stepped down as managing directors with Los Angeles-based buyout firm Gores...
View ArticleDeals of the day: AstraZeneca rebuffs Pfizer
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Flatiron Health, a New York-based oncology platform founded by two ad-tech veterans, is nearing a...
View ArticleExclusive: J.P. Morgan nears sale of private equity assets
Lexington Partners expected to purchase the bank's in-house One Equity Partners unit. FORTUNE -- J.P. Morgan Chase & Co. (JPM) is in advanced talks to sell a large portion of its private equity...
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