DOCSLIB.ORG

CONFIRMED FIRMS American Securities New York, NY American Securities LLC (“American Securi

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CONFIRMED FIRMS American Securities New York, NY American Securities LLC (“American Securi CONFIRMED FIRMS American Securities New York, NY http://www.american-securities.com/ American Securities LLC (“American Securities” or the “Firm”) was founded as a family office in 1947 to invest a share of the fortune created from Sears, Roebuck & Co. In 1994, the Firm opened its private equity activities to outside investors seeking superior risk-adjusted rates of return. By successfully implementing this strategy, American Securities has grown to manage a series of six private equity funds with approximately $8 billion of aggregate committed capital on behalf of high net worth individuals, families, and institutions, both in the United States and internationally. The Firm’s most recent fund, American Securities Partners VI, L.P., had a final closing in June 2012 on more than $3.6 billion of capital. American Securities is headquartered in New York and also has an office in Shanghai, which supports portfolio companies in their Asia-Pacific activities and the Firm’s due diligence processes generally. American Securities has over 90 employees. The Firm has achieved substantial long-term capital appreciation with minimal operating and financial risk. American Securities strives to be a long-term, value-added partner to the management teams of the companies in which it invests. The Firm offers portfolio companies a unique team of in-house, world-class business and functional experts (the Resources Group). All investments are undertaken with a conservative financial structure consisting of only equity and senior debt. Michael G. Fisch President & CEO In 1994, Mr. Fisch co-founded American Securities LLC, which currently has cumulative committed capital of more than $9 billion. He is a managing member of the general partners of each American Securities Partners private equity fund. Prior to co-founding American Securities LLC, Mr. Fisch was a partner in two private equity funds, a consultant in the Paris office of Bain & Company, and a professional in the Mergers and Acquisitions department of Goldman Sachs. He serves on the boards of numerous American Securities portfolio companies. Mr. Fisch is currently a Trustee or Board Member of Princeton Theological Seminary, Human Rights Watch, Mount Sinai Hospital Department of Medicine, and the President’s Leadership Council of Dartmouth College. Mr. Fisch received a BA degree from Dartmouth College and an MBA degree from Stanford University’s Graduate School of Business, where he has been a guest lecturer since 2006. Amy Sodha Harsch Director of Investor Relationships Mrs. Harsch supports American Securities LLC in all aspects of its capital raising and investor relations activities. Most recently, she was a Principal and head of investor relations at another middle-market private equity firm. Prior thereto, Mrs. Harsch spent five years in Credit Suisse’s Private Fund Group where she supported American Securities, as well as other private equity firms, in their fundraising activities. Mrs. Harsch began her career at Deutsche Bank in the healthcare investment banking group. She received a BA degree from Yale University. CMEA Capital San Francisco, CA http://www.cmea.com/ CMEA Capital is a San Francisco, CA, US-based venture capital firm specialising in deep science- based investments in the IT, life sciences and energy/materials sectors. It invests in both early and late stage companies, and actively partners with its extended network of companies, other VC firms, institutional investors, strategic partners and entrepreneurs. CMEA Capital recognises the potential and recent growth of alternative energy consumption as it seeks to develop scientific breakthroughs in a range of cleantech sectors, primarily energy efficiency, production and conservation. Erik Sebusch Partner Erik Sebusch joined CMEA as a Partner in 2010, bringing more than 15 years of investment experience as both a venture capitalist, entrepreneur, and a limited partner to the firm. Before joining CMEA, Erik spent nearly 10 years promoting innovation, investing and making strategic venture investments for UPS. The UPS Pension Plan has investments in General Partnerships where Erik’s focus included LBO, VC, distressed and real estate. Prior to that, Erik worked in the UPS Strategy Group’s venture capital arm, where he was responsible for taking equity positions in startups and co-investing with venture capitalists in seed to early stage portfolio companies. Erik built an extensive network of fellow VCs, entrepreneurs, research labs, and angel investors. Prior to UPS, he spent 10 years working as a financial consultant for Merrill Lynch and in private practice for High Net Worth Clients. Erik serves on numerous boards including CEO Ventures and American Security Challenge and is Chair of the Innovation Advisory Committee for the SouthEast Emergency Response Network (SEERN) - one of the former information sharing pilots launched by the U.S. Department of Homeland Security (DHS). Erik was a member of the Institutional Limited Partnership Association and served on their Technology Steering Committee. Jafco Ventures Palo Alto, CA http://www.jafco.com/ Based in Palo Alto, California, Jafco Ventures (Jafco), with its current team, was established in July of 2003. Jafco is an independent venture capital partnership with Jafco Co., Ltd. (the largest private equity firm in Japan) as its primary limited partner to date. The focus of the firm is to invest in early-stage technology companies with great upside potential that meet its rigorous standards of quality and acceptable risk. All of its investments are located in the U.S. and most are Silicon Valley-based. A fundamental goal of Jafco’s business model is to proactively source and co-invest in the most coveted deals of top-tier venture capital firms that have the potential to significantly impact fund returns. Jafco is a specialty firm designed to lead Series B and Series C financing opportunities for exceptional companies from the pre-revenue to the revenue-momentum stage. Jafco’s investment strategy has been built around a proven business model that has been refined over time. The firm is viewed today as a high-quality franchise among the elite venture capital firms as evidenced by an outstanding portfolio of market leaders and co-investors such as Accel Partners, August Capital, Benchmark Capital, Bessemer Venture Partners, Foundation Capital, Kleiner Perkins Caufield & Byers, Greylock Partners, Matrix Partners, Menlo Ventures, New Enterprise Associates, Norwest Venture Partners, Redpoint Ventures, Sequoia Capital and Venrock Associates. Joe Horowitz Managing General Partner Joe Horowitz is the Managing General Partner of Jafco Ventures, a leading Silicon Valley venture capital firm based in Palo Alto, California. He has been in the venture capital industry for 30 years and in 2003 was instrumental in launching Jafco with its current team. Joe’s prior venture capital experience includes a 10-year tenure at U.S. Venture Partners (USVP) from 1982 to 1992 as well as three years with Exxon Enterprises. At USVP, the first deal that he worked on was the seed financing of Sun Microsystems. Joe also spent several years with Icon Ventures, his own venture advisory firm, and was Chairman & CEO of Geocast Network Systems, a broadband infrastructure company backed by Mayfield, Kleiner Perkins Caufield & Byers and Institutional Venture Partners. He is also a former board member of the Western Association of Venture Capitalists. Joe received his MBA from the Wharton Graduate School of Business and earned his undergraduate degree in economics from Columbia University where he also attended Columbia’s School of Engineering & Applied Sciences. Landmark Partners Simsbury, CT http://landmarkpartners.com/ Landmark is a private equity and real estate investment company specializing in secondary funds. Formed in 1989, the firm has one of the longest track records in the industry and is a leading source of liquidity to owners of interests in venture, mezzanine, buyout, and real estate limited partnerships. Landmark has formed 27 funds focused on venture capital, buyout, mezzanine, and real estate partnerships over the last 22 years. These funds have been capitalized at more than $9.1 billion, which has been deployed across over 1,400 partnerships that comprise over 15,300 underlying company and property investments. As a secondary specialist in private equity and real estate, we enable investors to sell their interests prior to maturity by providing the capital and experience to execute such sales. Today, 95% of our total capital is committed to secondary products. The remaining capital is committed to our co- investment, fund-of-funds, and growth capital programs. Superior results require dedicated professionals experienced in all phases of investment origination, analysis, portfolio management, accounting, and reporting. Landmark’s team brings the philosophy, the process, and the knowledge to successfully execute sophisticated investment strategies. Our name, ‘Landmark,’ signifies the many historical firsts our firm has achieved in the private equity and real estate investment arena. Landmark is headquartered in Simsbury, Connecticut, and has offices in Boston, Massachusetts and London, England. Francisco Borges Chairman & Managing Partner Mr. Borges is chairman and managing partner at Landmark. He directs Landmark’s strategic planning and investment activities. Under his leadership, the firm expanded its secondary market activities and developed its next generation and opportunity fund of
Load more

Recommended publications
  • Private Equity and Corporate Governance: Retrospect and Prospect
    353 Corporate Governance: An International Review, 2009, 17(3): 353–375 Private Equity and Corporate Governance: Retrospect and Prospect Mike Wright*, Kevin Amess, Charlie Weir and Sourafel Girma ABSTRACT Manuscript Type: Review Research Question/Issue: We assess the corporate governance role and the impact of private equity. Research Findings/Results: Private equity firms are heterogeneous in their characteristics and activities. Nevertheless, a corporate governance structure with private equity involvement provides incentives to reduce agency and free cash flow problems. Additionally, private equity enhances the efficacy of the market for corporate control. Private equity investment is associated with performance gains, with such gains not simply being a result of transfers from other stakeholders. In the short term, the benefits appear clear to outgoing owners and to the new owners and management while in the longer term the benefits are less clear. While non-financial stakeholders argue that other stakeholders suffer in the short and long term, the evidence to support this view is at best mixed. Theoretical Implications: By reviewing a comprehensive selection of theoretical and empirical papers published in refereed academic journals in finance, economics, entrepreneurship, and management as well as publicly available working papers and private equity industry studies, we develop a more complete understanding of private equity investment. Agency theory has shortcomings when applied to the broad sweep of private equity-backed buyout types, as in some cases pre-ownership change agency problems were likely low (e.g., family firms), in some cases the exploitation of growth opportunities owes more to the entrepreneurial behavior of managers than to improved incentives, and in some institu- tional contexts outside Anglo-Saxon countries traditional agency issues are different and stakeholder interests are more important.
    [Show full text]
  • Annual Report 2019 Contents
    Annual Report 2019 Contents 4 Foreword 93 Report of the Supervisory Board 6 Executive Board 102 Consolidated Financial Statements 103 Consolidated Statement of 8 The Axel Springer share Financial Position 10 Combined Management Report 105 Consolidated Income Statement 106 Consolidated Statement of 13 Fundamentals of the Axel Springer Group Comprehensive Income 24 Economic Report 107 Consolidated Statement of 44 Economic Position of Axel Springer SE Cash Flows 48 Report on risks and opportunities 108 Consolidated Statement of Changes in Equity 60 Forecast Report 109 Consolidated Segment Report 71 Disclosures and explanatory report on the Executive Board pursuant to takeover law 110 Notes to the Consolidated Financial Statements 77 Corporate Governance Report 180 Responsibility Statement 181 Independent Auditor’s Report 187 Boards 2 Group Key Figures in € millions Change yoy 2019 2018 Group Revenues – 2.2 % 3,112.1 3,180.7 Digital revenue share1) 73.3 % 70.6 % 2) EBITDA, adjusted – 14.5 % 630.6 737.9 EBITDA margin, adjusted2) 20.3 % 23.2 % 2) EBIT, adjusted – 21.5 % 414.5 527.9 EBIT margin, adjusted 2) 13.3 % 16.6 % Net income – 35.4 % 134.6 208.4 2) Net income, adjusted – 21.5 % 263.7 335.7 Segments Revenues Classifieds Media 0.1 % 1,213.8 1,212.5 News Media – 4.4 % 1,430.9 1,496.2 Marketing Media 0.8 % 421.5 418.3 Services/Holding – 14.4 % 46.0 53.7 EBITDA, adjusted2) Classifieds Media – 3.8 % 468.4 487.2 News Media – 39.3 % 138.5 228.2 Marketing Media 20.3 % 107.8 89.6 Services/Holding − – 84.1 – 67.0 EBIT, adjusted2) Classifieds Media – 7.1 % 377.9 406.7 News Media – 54.4 % 72.1 158.2 Marketing Media 26.1 % 83.3 66.0 Services/Holding − – 118.6 – 103.0 Liquidity and financial position 2) Free cash flow (FCF) – 38.1 % 214.6 346.9 2) 3) FCF excl.
    [Show full text]
  • The Changing Landscape of Disruptive Technologies
    The Changing Landscape of Disruptive Technologies Global Technology Innovation Insights — 2014/2015 kpmg.com/techinnovation Global Technology Innovation Survey — Fall 2014 06 16 08 19 12 31 © 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. Technology Innovation Survey 2014 / 1 Contents 02 / Foreword 31 / Technology innovation hubs 04 / Executive summary 35 / Country perspectives 06 / Demographics and methodology 46 / Innovation management / Disruptive technology trends / Conclusion 08 08 / Consumer markets 12 / Enterprise markets 50 / Barriers to commercializing 16 technology innovation / T echnology innovation trends and interviews 19 19 / Trends 25 / Interviews Dr. Shigeo Hirose, Professor Emeritus, Co-founder, HiBot Sameer Patel, SVP & GM, Enterprise Social Software, SAP Dr. Michele Guarnieri, Co-founder, HiBot Jon Medved, Founder & CEO, OurCrowd Sonny Vu, Co-founder & CEO, Misfit Wearables Geoff Yang, Partner, Redpoint Ventures © 2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A. 2 / Technology Innovation Survey 2014 Foreword Cloud and mobile continue to power tech innovation enabling a new wave of disruptive technologies including IoT, 3D-printing, data & analytics, AI and robotics. Solutions are still needed for growing security and privacy risks. New tech hubs springing up from Shanghai, Tokyo, New York and Seoul foster more breakthroughs. As technology innovations spread wide and deep and become more complex, technology and business executives need to be nimble and alert to embrace change and capitalize on new business models more than ever.
    [Show full text]
  • Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 3/5/2018 – 3/9/2018 (Transactions in Excess of $20 Million)
    Private Capital Group Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 3/5/2018 – 3/9/2018 (Transactions in excess of $20 million) Trends & Commentary ▪ This week, 14 U.S. private placement deals between $20 million and $50 million closed, accounting for U.S. VC Average Deal Size by Series $516 million in total proceeds, compared to last week’s 10 U.S. deals leading to $357 million in total $ in Millions proceeds. This week also had 5 U.S. deals between $50 million and $100 million yielding $320 million, $35 compared to last week’s 4 deals resulting in $279 million in total proceeds. ▪ The U.S. VC average deal size has been significantly increasing for early and late stage VC deals. Late $30 stage VC has increased by 8.8% CAGR 2008 – 2017 while early stage VC has grown by 7.4% CAGR 2008 – 2017. (see figure) ▪ Southern Cross, a PE fund that invests in energy, pharmaceuticals and technology in Latin America, has $25 decided against restructuring its third fund after receiving some interest from its LPs. It is largely because its third fund has been a weak performer, the discount on fund stakes would have been steep and that the $20 fund wanted more time to exit. ▪ Univision has filed to withdraw its pending IPO due to “prevailing market conditions”. Univision initially filed $15 plans to IPO in 2015. ▪ New State Capital Partners has closed its second institutional fund on its $255 million hard cap. The fund $10 can invest more than $50 million equity per deal in sectors such as business services, healthcare services and industrials.
    [Show full text]
  • PEM Holds a Final Close on Its Fourth Direct Co-Investment Fund
    Performance Equity Management, LLC Has Held a Final Close on its Fourth Direct Co-investment Fund Greenwich, CT – March 08, 2021 – Performance Equity Management, LLC (PEM) is pleased to announce the final closing of Performance Direct Investments IV (PDI IV), its fourth co-investment fund. The fund will focus on small and middle-market co-investment opportunities, continuing its successful strategy that was executed for its predecessor funds. PDI IV was significantly oversubscribed and closed on its hard cap of $300 million. Investors include public and corporate pension plans, university endowments, private foundations, insurance companies, family offices, and high net worth individuals across the globe. PDI IV is a continuation of our long-established investment strategy of partnering with premier GPs with demonstrated experience with a focus on defensive growth opportunities to build a high quality, diversified portfolio. Our selection capabilities and disciplined execution has enabled our strong performance and will continue to help us construct a resilient portfolio. “We are pleased with the 100% support of our long-standing investors and grateful to our new investors who have backed us in these unprecedented times,” said John Clark, President of PEM. “We believe our time-tested investment strategy will continue to support us in generating significant alpha for our investors.” Last year PEM also closed on it fourth venture capital fund of funds, Performance Venture Capital IV (PVC IV), in addition to several separate accounts. PVC IV closed above its target and is over 95% committed across premier venture capital funds. The fund’s largest commitments include Accel, Andreessen Horowitz, Redpoint Ventures and Spark Capital.
    [Show full text]
  • Technology Services
    CLOUD MANAGED SERVICES AND HOSTING SECTOR REVIEW | Q1 2020 Technology Services IT Services | Q2 2021 TECHNOLOGY, MEDIA & TELECOM PAGE | 0 Select Technology Services | IT Services M&A Transactions a Announced June 3, 2021 Thrive Acquired ONI Managed Services • Thrive, a premier provider of NextGen managed services, acquired ONI, a leading U.K. cloud, hybrid-managed IT, Cisco Gold Partner, data-center services company. • ONI will expand Thrive’s geographic footprint, both domestically and internationally, as well as enhancing the company’s Cisco WAN, unified communication and cloud expertise. FireEye Announces Sale of FireEye Products Business to Symphony Technology Group for $1.2 Billionb Managed Security & Announced June 2, 2021 Consulting • The transaction separates FireEye’s network, email, endpoint, and cloud security products, along with the related security management and orchestration platform, from Mandiant’s controls-agnostic software and services. • For FireEye products, this means “strengthened channel relationships” with managed security service providers (MSSP) based on integration alliances with complementary cybersecurity product vendors. c Announced June 1, 2021 Cerberus Capital Acquired Red River Technology from Acacia Partners Federal Managed Services • Red River Technology is a leading provider of technology solutions and managed services with mission-critical expertise in security, networking, data center, collaboration, mobility, and cloud applications. • Through the partnership with Cerberus, Red River will continue to grow services to federal government agencies, SLED, and commercial businesses. Gryphon Investors Combines Three ServiceNow Businesses to Form Stand-alone Platformd Announced May 27, 2021 Application Partner • Gryphon acquired a majority stake in the ServiceNow division of Highmetric from the Acacia Group, and simultaneously acquired Fishbone Analytics Inc.
    [Show full text]
  • Masters in Management in Entrepreneurship and New Venture Management
    MASTERS IN MANAGEMENT IN ENTREPRENEURSHIP AND NEW VENTURE MANAGEMENT Research Title: The nexus between entrepreneurship theory and venture capital financing decisions in South Africa Violet S’phiwe Buluma Student Number: 693690 BUSA 7044 Supervisor: Dr Jose Barreira Date of submission: 20 June 2017 ABSTRACT This explorative study examines the decision making criteria at the screening stage by venture capital firms in South Africa. The study also probes into the decision making criteria on the personality side and whether that has any association with the “big five” characteristics. A three- section questionnaire including both Likert style type (decision making and short version of big five) and nominal questions was sent to venture capital firms. Logistic regression as well as correlation analysis was run on the data. The findings were that individual attributes (entrepreneurs’ characteristics and experience) environment, industry and macro economic environment (characteristics of product and services, characteristics of the market and financial considerations) are all positively related to venture capital firms’ decision to grant finance to an entrepreneur. Findings on the big five characteristics are that only openness to experience, consientiousness and extrarversion were seen as critical considerations by venture capital firms, but not agreeableness and emotional stability characteristics. The study findings are beneficial for entrepreneurs and venture capital firms. Key words – Venture capital, investment criteria, big five personality, entrepreneurship, access to finance 2 DECLARATION I Violet S’phiwe Buluma declare that the research work reported in this dissertation is my own, except where otherwise indicated in references and acknowledgements. It is submitted in partial fulfilment of the requirements for the Masters of Management in Entrepreneurship and New Venture Management at the University of the Witwatersrand.
    [Show full text]
  • Private Equity
    PRIVATE EQUITY Viney Sawhney <[email protected]> Introduction – Course Description This course is the study of private equity money invested in companies that are not publicly traded on a stock exchange or invested in as part of buyouts of publicly traded companies. The objective of the course is to provide a comprehensive overview and in-depth understanding of the private equity markets. Private equity finance will be explored from a number of perspectives, beginning with the structure and objectives of private equity funds; followed by the analysis and financing of investment opportunities; and finally crafting strategies for harvesting investments. There has been an increase in both the supply of and demand for private equity. On the supply side, the amount of private equity under management - by partnerships investing in private equity, growth investments, leveraged buyouts, distressed companies, real estate, etc. - has increased dramatically in recent years. On the demand side, an increasing number of individuals and companies are interested in starting and growing their respective businesses. Collectively, small and medium businesses are focused in gaining access to Private Equity and understanding the dynamics of this unique funding source. Course objectives The main objective of the course is to provide students with the necessary theoretical and conceptual tools used in private equity deals. The course provides the intellectual framework used in the private equity process, valuation in private equity settings, creating term sheets, the process of due diligence and deal structuring. Other learning objectives include building an understanding of harvesting through IPO or M&A, public-private partnerships and sovereign wealth funds.
    [Show full text]
  • Weekly Internet / Digital Media / Saas Sector Summary
    Weekly Internet / Digital Media / SaaS Sector Summary Week of July 14th, 2014 Industry Stock Market Valuation Internet / Digital Media / SaaS Last 12 Months Last 3 Months 180 120 14.6% 160 11.9% 60.8% 10.4% 10.4% 110 7.9% 140 22.3% 7.7% 21.0% 6.6% 20.4% 5.9% 120 20.0% 5.1% 16.3% 100 13.9% 100 13.0% 10.8% 80 90 7/12/13 9/23/13 12/5/13 2/16/14 4/30/14 7/12/14 4/11/14 5/4/14 5/27/14 6/19/14 7/12/14 (1) (2) (3) (4) Search / Online Advertising Internet Commerce Internet Content Publishers (5) (6) (7) (8) NASDAQ Diversified Marketing Media Conglomerates Gaming SaaS Notes: 1) Search/Online Advertising Composite includes: BCOR, BLNX-GB, CNVR, CRTO, GOOG, FUEL, MCHX, MM, MRIN, MSFT, QNST, RLOC, RUBI, TRMR, TWTR, YHOO, YNDX, YUME. 2) Internet Commerce Composite includes: AMZN, AWAY, COUP, CPRT, DRIV, EBAY, EXPE, FLWS, LINTA, NFLX, NILE, OPEN, OSTK, PCLN, PRSS, SSTK, STMP, TZOO, VPRT, ZU. 3) Internet Content Composite includes: AOL, CRCM, DHX, DMD, EHTH, IACI, MOVE, MWW, RATE, RENN, RNWK, SCOR, SFLY, TRLA, TST, TTGT, UNTD, WBMD, WWWW, XOXO, Z. 4) Publishers Composite includes: GCI, MMB-FR, NWSA, NYT, PSON-GB, SSP, TRI, UBM-GB, WPO. 5) Diversified Marketing Composite includes: ACXM, EFX, EXPN-GB, HAV-FR, HHS, IPG, MDCA, NLSN, VCI, WPP-GB. 6) Media Conglomerates Composite includes: CBS, CMCSA, DIS, DISCA, LGF, SNE, TWX, VIA.B. 7) Gaming Composite includes: 2432-JP, 3632-JP, 3765-JP, 700-HK, ATVI, CYOU, EA, GA, GAME, GLUU, NTES, PWRD, UBI-FR, ZNGA.
    [Show full text]
  • The Determinants of Bankruptcies Post LBO, Master Thesis, Jonas
    The Determinants of Bankruptcies post LBO - A study of North American post LBO bankruptcies 1980-2006 Jonas Granström ♠ Pär Warnström ♣ Master’s Thesis in Finance Stockholm School of Economics This thesis aims to shed light upon the determinants of default amongst leveraged buy out targets. We study 519 North American bankruptcies of leveraged buyout transactions and examine specific characteristics of the private equity sponsor, the target firms and the economic climate at the time of the transaction. We study three main areas, private equity firm characteristics, target firm characteristics and economic climate. We find that young firms are more likely to face bankruptcy and that increasing profitability of the industry the target is active within at the time of the buyout have negative correlation with bankruptcy. Moreover, we find that deals made in boom periods as proxied by periods of low US-yield spread are more likely to default. Keywords: Private Equity, Buyouts, Financial Distress Tutor: Associate Professor Per Strömberg Date: Location: Stockholm School of Economics Discussants: Acknowledgements: We would like to thank Per Strömberg for his valuable support and advice throughout the process of writing this paper. ♠ [email protected] ♣ [email protected] 0 Contents 1. Introduction .......................................................................................................................... 2 2.Theoretical framework .........................................................................................................
    [Show full text]
  • ILPA Releases Second Report in Diversity in Action Series
    ILPA Releases Second Report in Diversity in Action Series Diversity in Action – Sharing Our Progress Report Details the Initiative’s Growth and Insights Into Integrating DEI Into Investment Strategies 1776 Eye St. NW August 31, 2021 (Washington, D.C.) The Institutional Limited Partners Association (ILPA) today released the Suite 525 second report in its Diversity in Action – Sharing Our Progress series. The report series is an extension of ILPA’s Washington, DC Diversity in Action initiative and aims to provide actionable recommendations on steps that can be taken to 20006 improve diversity, equity and inclusion in private markets. “The industry continues to respond positively to the Diversity in Action Initiative with new signatories joining every week,” said Steve Nelson, CEO of ILPA. “The Initiative now claims 180 signatories who have all been incredibly active in conversations with one another and have acted as tremendous partners to ILPA on our related work, having meaningfully contributed to our updated ILPA Diversity Metrics Template.” The Diversity in Action – Sharing Our Progress report series tracks the evolution of Initiative signatories by geography, strategy and fund size as well as progress on adoption of all the actions within the Framework. As of August 2021, the Initiative’s geographic reach is increasing, now with 38 signatories outside North America, a 52% increase in this cohort since April. The latest report focuses on how signatories are integrating diversity, equity and inclusion into investment strategies including
    [Show full text]
  • Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 8/7/2017 – 8/11/2017 (Transactions in Excess of $15 Million) Commentary
    Private Placement Activity Chris Hastings | [email protected] | 917-621-3750 8/7/2017 – 8/11/2017 (Transactions in excess of $15 million) Commentary . Iconectiv, a developer of telecommunications software and interconnection technology, raised $200 million — Francisco Partners led the deal. Information Resources, a provider of consulting and advisory services, raised $100 million. Investors include New Mountain Capital and Silver Canyon Group. Appboy, a developer of a life-cycle engagement platform, raised $50 million in Series D funding at a $350 million pre-money valuation — ICONIQ Capital led the round. Oryx Vision, a developer of next-generation automotive LiDAR technology, raised $50 million in Series B funding — Third Point Ventures and WRV led the round. Chef’d, a provider of an online food sales and delivery service, raised $35 million in Series B funding. Amplitude, a provider of a mobile and web-based analytics platform, raised $30 million in Series C funding — IVP led the round. Signals Analytics, a developer of an insights as a service augmented intelligence platform, raised $25 million in Series C funding — Pitango Venture Capital led the round. InContext Solutions, a developer of 3D virtual simulation technology, raised $22 million in Series F funding — Beringea and Intel Capital led the round. Stratford School, a provider of academic programs, raised $21 million. Investors include Warburg Pincus. Guideline, a provider of automated investment technology, raised $15 million in Series B funding at a $70 million pre-money valuation — Felicis Ventures led the round. Company Company Amount Date Investors Series Company Description / Comments Name Location Raised ($M) Information Technology Developer of telecommunications software and interconnection technology.
    [Show full text]