Jennifer Harris
Frontier Capital has brought in institutional investors for its second fund, which at $115 million is more than twice the size of the firm’s first vehicle.
Sunrock Ventures is raising its debut fund to target $100 million for investments in the “underserved” Southeastern US.
China will reportedly launch its $200 billion, Temasek-style fund tomorrow.
The alternatives-focussed Yale University endowment returned 28 percent this year, up 5.1 percent percent from 2005. The endowment is now valued at $22.5 billion, up 25 percent from 2005.
Damien Reynolds, head of natural resources investment firm Longview Capital Partners, has launched a new firm that will target renewable energy and cleantech.
Sentinel's sale of Metro Dentalcare to American Dental Partners has generated a 5x return and triple digit IRR. It is the second exit from the firm's third fund.
Andrew Strauss has left his role as co-manager of Riverside's US funds in order to work in the firm's transactions business. Partner Suzy Kriscunas will succeed him.
Teachers' has named Erol Uzumeri, who currently manages international private equity investments at the Canadian pension, to succeed Jim Leech as head of its private equity arm.
Fledgling firm Environmental Capital Partners has secured $100 million from the New York Private Bank & Trust and its founders, which include private equity industry vets, a Yale School of Forestry professor and former New York Ranger Mike Richter.
DISH Network operator EchoStar has paid $380 million to acquire Sling Media from its venture capital backers including Goldman Sachs, Allen & Company, DCM and Mobius Venture Capital.