David Rapp

Videogames are hot in the venture capital world these days. Last month Scottish videogame developer Realtime Worlds scooped up $31 million (€23.2 million) in funding from US VC firm New Enterprise Associates. In November, VC company Sevin Rosen even hired Electronic Arts Canada’s former chief operating officer as its entrepreneur-in-residence, as the firm looks for […]

Three former partners from Paul Capital Partners’ healthcare royalty fund—Gregory Brown, Todd Davis and Clarke Futch—have moved to investment bank Cowen Group, where they have launched Cowen Healthcare Royalty Partners (CHRP).

Venture capital funds are lately eyeing videogame companies with an eye toward the future of the technology, particularly in the field of online games. By David Rapp

A new $2.5m wealth threshold for investment in private equity and hedge funds would dramatically reduce the number of US investors considered accredited.

Healthcare billing provider Emdeon will sell a 52 percent interest in its Emdeon Business Services division to private equity firm General Atlantic for approximately $1.2bn.

Private equity firm Caxton-Iseman Capital today announced that its portfolio company, Ply Gem Industries, will acquire Alcoa Home Exteriors in a transaction valued at approximately $305m.

Global investment bank Lehman Brothers announced that it has raised $1.6bn for a co-investment fund, and has already committed $330m among 10 transactions.

A Danish drug company owned by private equity firms The Blackstone Group, Nordic Capital and CSFB Private Equity will buy the pharmaceutical division of German company Altana for €4.5bn.

The Blackstone Group today announced that former McKinsey partner David McVeigh has become executive director within the private equity portfolio management group.

Centerview Partners, the recently formed boutique investment bank, announced that James Kilts, the former head of The Gillette Company, will join the firm as a founding partner to focus on the firm’s private equity business.