Cresset Partners announced that its flagship private credit portfolio, Cresset Partners Private Credit Fund, LLC (CPCF), has surpassed $500 million in assets under management—a significant milestone. CPCF began investing in April of 2023 and is...
Read Story
June 25, 2024, 07:14 AM
|
The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook. According to the outlook, private equity...
Read Story
April 30, 2024, 08:00 AM
|
Runway Growth Capital announced the findings from its third Venture Debt Review. Produced in partnership with Sage Outcomes, the survey gauges the current market perceptions of venture debt financing, and explores how the collapse of Silicon Valley...
Read Story
January 29, 2024, 07:58 AM
|
As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based Melissa Smith...
Read Story
July 11, 2023, 07:41 AM
|
Stifel Financial Corp. announced a significant expansion of its business serving growth companies in the venture community through the addition of three key partners formerly with Silicon Valley Bank, (“SVB”). Jake Moseley, Matt Trotter, and Ted...
Read Story
March 24, 2023, 08:15 AM
|
Runway Growth Capital announced promotions for several members of its investment team. Edward Chen becomes Managing Director, and Yifan Lai and Avisha Khubani advance to Principal. Mr. Chen, Mr. Lai and Ms. Khubani will continue to report to Greg...
Read Story
January 27, 2023, 08:00 AM
|
Hercules Capital announced that it, together with external funds managed by its adviser subsidiary, have originated more than a record $2.0 billion year-to-date in annual total gross debt and equity commitments, breaking its previous one-year record...
Read Story
November 29, 2021, 08:00 AM
|
Encina Lender Finance provided an inaugural senior credit facility to Urban Us Capital, a leading venture capital platform providing both structured equity and debt investments engaged in origination and servicing of asset-backed capital to...
Read Story
October 20, 2021, 07:58 AM
|
SG Credit Partners announced $3 million growth capital facility to Foresite, a leader in cybersecurity managed security services, compliance, and consulting.“Accelerating digital transformation requires pivoted business strategies and technological...
Read Story
September 20, 2021, 08:00 AM
|
Capstar Ventures L.P., an early-stage venture capital firm, announced the close of its inaugural Fund I with $41.3 million of capital commitments. Founded by Kathryn Cavanaugh in 2019, Capstar Ventures invests nationwide in innovative consumer...
Read Story
July 21, 2021, 06:00 AM
|
Arent Fox expanded its Corporate & Securities practice with the addition of business law partner Stephen P. Hanson in the firm’s New York office. For 25 years, Steve has represented clients in the areas of private equity, mergers and acquisitions...
Read Story
April 30, 2021, 07:15 AM
|
Venture capital (VC) dealmaking started strong in the first quarter of 2021 with an uptick in mega-deals and increased participation of nontraditional investors, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on...
Read Story
April 15, 2021, 08:09 AM
|
Despite global uncertainty resulting from a number of ongoing events including the COVID-19 pandemic, the U.S. presidential election, Brexit negotiations and trade tensions between the U.S. and China, global VC investment remained very robust in...
Read Story
January 22, 2021, 07:30 AM
|
Healthcare venture fundraising soared to $17 billion in 2020, a 57% increase over 2019's record, according to Silicon Valley Bank (SVB). Investment in venture-backed companies also rose to a new high of $51 billion.SVB's 10th annual Healthcare...
Read Story
January 07, 2021, 08:25 AM
|
J.P. Morgan Commercial Banking announced the hiring of Skip Kelly as managing director and relationship executive on the Venture Capital (VC) Coverage team within its Middle Market Banking and Specialized Industries (MMBSI) group. Based in Boston...
Read Story
December 18, 2020, 08:00 AM
|
Venture Capital (VC) and Private Equity (PE) firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled...
Read Story
September 25, 2020, 09:05 AM
|
The Q1’20 edition of the KPMG Private Enterprise Venture Pulse saw global VC investment in Q1’20 dip quarter-over-quarter with $61 billion raised. The relatively robust figure compared well to historical norms, as deals were already far along...
Read Story
April 23, 2020, 09:15 AM
|
Venture capital (VC) investment in the U.S. continued strong during Q4 2019, totaling $34.2 billion across 2,215 deals, according to the latest edition of Venture Pulse – a quarterly report on global VC trends published by KPMG Enterprise. For the...
Read Story
January 16, 2020, 08:30 AM
|
Total funding for U.S. fintech companies and deal activity dropped significantly in 2016, down to $12.8 billion from $27 billion in 2015, a result of political and regulatory uncertainty, a decline in megadeals and investor caution, according to...
Read Story
February 23, 2017, 07:16 AM
|
Investment in VC-backed companies based in the United States ended the year on a weak note, as quarterly deals and dollars fell for the second-consecutive quarter, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and CB...
Read Story
January 12, 2017, 07:29 AM
|
Sorrento Therapeutics, Inc., an antibody-centric, clinical-stage biopharmaceutical company developing new treatments for cancer and other unmet medical needs, announces it has entered into a loan and security agreement with Hercules Capital, Inc. for...
Read Story
November 29, 2016, 07:23 AM
|
Venture capital (VC) investment and deal volume continued to be weak in Q3’16, according to Venture Pulse, the quarterly global report on VC trends published jointly by KPMG International and CB Insights. If the pace of deals continues at the same...
Read Story
October 14, 2016, 07:43 AM
|
Leading venture debt provider Trinity Capital Investment announced the recent launch of a third fund, Trinity Capital Investment Fund III, L.P. (Fund III), which is expected to provide an estimated $600 million of additional capital for deployment...
Read Story
September 29, 2016, 07:06 AM
|
Venture capitalists invested $15.3 billion in 961 deals in the second quarter of 2016, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson...
Read Story
July 21, 2016, 07:14 AM
|
Investment into venture capital (VC)-backed companies in the United States has slowed in back-to-back quarters, according to Venture Pulse, the quarterly global report on VC trends published jointly by KPMG International and CB Insights.The U.S. saw...
Read Story
April 18, 2016, 07:35 AM
|
Bridge Bank, a division of Western Alliance Bank, has further strengthened its Equity Fund Resources (EFR) group with the addition of Barbara Fleming as Senior Vice President, Fund Services. With more than 30-years experience driving sales and new...
Read Story
March 18, 2016, 07:28 AM
|
Venture funding in the U.S. fintech sector jumped 72% in 2015, hitting a record $7.39 billion - up dramatically from $4.3 billion in 2014. The banner year was highlighted by newly minted Unicorns and increased involvement by financial services giants...
Read Story
March 14, 2016, 07:53 AM
|
Hercules Technology Growth Capital announced that it has expanded into Southern California, the third largest U.S. venture capital investment region. Tim Barnes, a former Silicon Valley Bank vice president, has joined Hercules’ investment team as a...
Read Story
September 17, 2015, 07:22 AM
|
Bridge Bank announced it has launched a new banking group -- Equity Fund Resources -- which will serve as a centralized resource to Venture Capital (VC) and Private Equity (PE) investment funds, their partners and portfolio companies. The new group...
Read Story
September 09, 2015, 07:36 AM
|
After reaching a record high of $56.4B spent in 2014, the U.S. is on track to smash that record and break $70B in Venture Capital (VC) spending by the end of 2015, according to Venture Pulse Q2 ’15, the first in a global quarterly VC report series...
Read Story
August 20, 2015, 07:47 AM
|
The PrivateBank announced it has formed a new specialty group focused on technology companies and their venture capital investors and has hired industry veterans John Hoesley and Josh Roberts to drive this important industry vertical. Hoesley and...
Read Story
November 20, 2014, 07:19 AM
|
Venture capitalists invested $9.9 billion in 1,023 deals in the third quarter of 2014, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson...
Read Story
October 17, 2014, 07:41 AM
|
Horizon Technology Finance Corporation has closed a $3 million venture loan for GenePeeks, a genetic information company focused on reproductive risk prediction. GenePeeks will use the funds to support its continued growth."GenePeeks has developed a...
Read Story
July 03, 2014, 07:11 AM
|
Golub Capital acted as co-lead arranger for a $400 million first lien credit facility to support the dividend recap of Dialysis Newco, Inc. d/b/a DSI Renal ("DSI") by Frazier Healthcare ("Frazier") and New Enterprise Associates ("NEA"). Golub Capital...
Read Story
April 28, 2014, 07:17 AM
|
Venture capitalists invested $9.5 billion in 951 deals in the first quarter of 2014, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson...
Read Story
April 21, 2014, 07:05 AM
|
JumpStart (also known as Knowledge Adventure), a pioneering educational game developer that publishes entertaining and award-winning mobile and web products for children, announced today that it has raised $13 million in debt financing led by...
Read Story
April 04, 2014, 06:51 AM
|
Venture capitalists invested $29.4 billion in 3,995 deals in 2013, an increase of 7 percent in dollars and a 4 percent increase in deals over the prior year, according to the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture...
Read Story
January 20, 2014, 07:26 AM
|
NXT Capital’s Venture Finance Group announced the closing of a $4.5 million venture loan to Vantrix, a leading provider of message and video bandwidth optimization solutions for carriers, ISPs and enterprises. Vantrix will use growth capital from the...
Read Story
March 27, 2013, 07:14 AM
|