Will private equity investors keep getting their pockets picked?
FORTUNE — Over the weekend, there were two key developments in the growing brouhaha over private equity fees, with a particular focus on fees charged by large firms like KKR. First, blogger Yves Smith...
View ArticleExclusive: Forbes fund placement group spins out of G2
FORTUNE — Private equity fund placement outfit Forbes Private Capital Group has quietly completed a management buyout from G2 Investment Group, Fortune has learned. Not hearing any financial terms yet,...
View ArticleDeals of the day: Alibaba keeps buying
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Spark Therapeutics, a Philadelphia-based developer of one-time gene therapy products, has raised...
View ArticleMan Group in talks to buy Numeric Investors
UK hedge fund manager eyes US expansion, offers private equity group TA Associates exit FORTUNE — The world’s largest listed hedge fund manager Man Group PLC (EMG.L) confirmed Thursday it is in talks...
View ArticleAt private equity firms, controversial fees are growing
FORTUNE — Private equity firms may soon have to open up about the fees they charge. The Securities and Exchange Commission is looking into whether these firms — which manage funds that buy and sell...
View ArticleDeals of the day: South Korea’s ‘Amazon’ grabs $100 million
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Coupang, a South Korean ecommerce giant (i.e., South Korea’s Amazon), has raised $100 million in new...
View ArticleDeals of the day: Hipmunk raises $20 million
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals ARMO BioSciences Inc., a Redwood City, Calif.-based developer of immunotherapies for cancer and...
View ArticleDeals of the day: Trinseo sets IPO terms
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Concurrent Inc., a San Francisco-based enterprise data application platform company, has raised $10...
View ArticleDeals of the day: The next $1 billion IPO
To get deals in your inbox each morning, sign up for our Term Sheet newsletter Venture Capital Deals Elasticsearch Inc., an Amsterdam-based provider of a real-time search and analytics platform, has...
View ArticleFor private equity firms, now is the time to sell
Private equity firms are heading for the exits. They’re cashing out records amounts of money this year with little sign of slowing down - at least as long as investor appetite for initial public...
View ArticleThe biggest private equity firm you’ve never heard of
Yesterday I had meetings at the Midtown Manhattan offices of three different private equity firms. The first was with Abraaj Group, which has invested in over 200 companies and manages more than $7.5...
View ArticleThe one question all private equity investors should ask
“When we have examined how fees and expenses are handled by advisers to private equity funds, we have identified what we believe are violations of law or material weaknesses in controls over 50% of the...
View ArticleChico’s may be considering a takeover by a private equity firm
Chico’s FAS CHS is reportedly mulling a sale to private equity, a potential multi-billion dollar deal that would result in another women’s retailer exiting the public market. The possible deal,...
View ArticleDeals of the day: Visier raises $25 million
Venture Capital Deals Visier, a workforce analytics and planning software company with offices in Vancouver and San Jose, has raised $25.5 million in Series C funding. Adams Street Partners led the...
View ArticleToday’s deals: Alibaba keeps buying
Venture Capital Deals Handybook, a provider of on-demand home cleaning services, has raised $30 million in Series B funding led by Revolution Growth Fund. The company previously raised $19 million from...
View ArticleExclusive: IFC private equity boss resigns
David Wilton has stepped down as chief investment officer for global private equity at the International Finance Corp., a member of the World Bank Group, Fortune has learned. He formally gave notice...
View ArticlePrivate equity’s unnecessary complexity may backfire
Fourteen years ago I was a cub reporter who had just been assigned to the private equity beat. Over lunch at a TGI Friday’s, my new editor explained the industry’s basic structure: Private equity firms...
View ArticleWho really pays private equity’s ‘conspiracy’ settlement?
And then there were five. Bain Capital and Goldman Sachs GS yesterday agreed to pay a combined $121 million ($54m and $67m, respectively) to settle their portions of a giant private equity bid-rigging...
View ArticleDeals of the day: Nuance holds sale talks
Venture Capital Deals Kony, an Orlando, Fla.-based enterprise mobile app development company, has raised $50 million in Series E funding led by SoftBank Capital. www.kony.com VeloCloud Networks Inc., a...
View ArticlePrivate equity’s apocalypse has been greatly exaggerated
Private equity fundraising is on the rise. So are private equity deal prices (or at least deal multiples). The temptation, judging by several recent articles, is to assert causation. Private equity...
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