The Securities and Exchange Commission voted yesterday to lift the ban on advertising by funds, buyout firms and start-up companies seeking capital. This action will allow private equity funds to promote their products to the general public, though restrictions remain on who can invest in them. After the passage of the Dodd-Frank Act in 2010, […]
Archives for July 11, 2013
HarbourVest Closes Secondary Fund at $3.6 Billion
HarbourVest Partners has held a final close of Dover Street VIII LP (“Dover VIII”), a global secondary fund, with $3.6 billion of capital commitments. The fund closed above its $3 billion target and was oversubscribed. HarbourVest’s prior secondary-focused fund, Dover Street VII, had $2.9 billion of capital commitments. As with earlier funds, Dover VIII will […]
Andrew Chidester Joins Matrix, Opens Chicago Office
Middle-market investment bank Matrix Capital Markets Group has opened and staffed a new office in Chicago. Matrix has hired Andrew Chidester as a new Managing Director with the Matrix Consumer & Industrial Products Group. John Underwood, Vice President, who has been with the Matrix Energy & Multi-Site Retail Team since 2011, will also be working […]
VRC Adds New PE Relationship Manager
Valuation Research Corporation has added Jeffrey Miller as a managing director for client relationships. Mr. Miller will be based out of the firm’s New York office. Mr. Miller will assist private equity sponsors, and other asset management and financial services firms, with their valuation needs for mergers and acquisitions, fair value reporting, solvency opinions, and […]
Catterton Invests in CorePower Yoga
Catterton Partners has made an investment in CorePower Yoga, an operator of company-owned yoga studios. The new investment will be used to accelerate CorePower Yoga’s growth and expansion. The CorePower Yoga management team led by founder Trevor Tice, its Chief Executive Officer, and Chad Kilpatrick, President and Chief Financial Officer, will continue to lead the […]
