Dave Keating
The San Francisco-based firm will invest in a Turkish alcoholic beverage maker in the first of what it says will be many investments.
In separate insurance deals, former Marsh affiliate Stone Point has led the capitalisation of a new reinsurance platform with $1.5bn, while Lightyear has acquired an insurance division from White Mountains Insurance Group.
The Providence, Rhode Island-based firm sees growth potential in the online segments of 101communications and Stevens Publishing.
A new NVCA study shows entrepreneurs and their venture capital backers may want to get to the same place, but they have different ideas on how to get there. By Dave Keating.
In one of the largest secondary transactions to date, Goldman Sachs and CPP have stepped in to purchase a $925m interest in JP Morgan Partners Global Fund from its parent company.
After paying $436 million in equity to buy the world’s largest mattress company in 2004, the New York-based firm will maintain a post-IPO majority stake in the company valued at $810 million.
Almost two years after going public, the New York-based investment bank has raised $80 million for its first venture capital fund.
The parent company of Nashville-based Captain D’s Seafood, co-owned by Charlesbank Capital Partners, Grotech Capital Group and Stockwell Capital, will buy the second largest Mexican fast-food chain in the US and “co-brand” it with the seafood chain.
The New York-based private equity firm has joined forces with former Pacific Exchange CEO Philip DeFeo to put $500m to work in a securities exchange-focused platform.
Monday’s landmark GMAC acquisition has thrust the reconstituted hedge fund into the spotlight.