Suzanne Weinstock
The San Francisco private equity giant will be required to buy the digital media company ‘whether or not the financing shows up’.
Tom Gores’ Platinum Equity will acquire Industrial Distribution Group and seek synergies with existing portfolio company, Strategic Distribution.
Highland Capital has brought on an internet and intellectual property expert to continue the firm’s push in the digital media space.
The firm is among several seeking to stock up with fresh capital amid a turbulent market.
Recently renamed Continental Grain has launched a private equity group, led in part by Quadrangle co-founder David Tanner.
The secondaries firm has made a senior hire in the first office of its kind in Latin America and has expanded its reach into Asia.
Fresh from closing a $500 million fund, the VC firm has led a $12 million round for open source business intelligence company Pentaho.
TIAA-CREF and ABP are among those backing a private equity fund being billed as the largest ever dedicated to microfinance.
The state pension plan has made commitments to five private equity funds, in line with increased private equity allocation targets.
The institutional investor has made $40 million in direct private equity fund commitments, as it marks its second year investing in the asset class.