Hints and tips:
...One of Silicon Valley’s most prominent venture capital firms, Lightspeed Venture Partners, is seeking to use a private equity-style structure to sell $1bn worth of start-up stakes and free up cash to return...
...“In any organisation when you have transition to a new leadership it’s complicated to have the old leaders hanging round,” observed the Sequoia LP....
...Now, Silicon Valley’s most storied venture capital firm is fighting to retain the confidence of its own investors....
...Merger arbitrage hedge funds have performed poorly as regulators have increasingly intervened to block deals, while macro hedge funds were stung by sharp swings in bond markets after the failure of Silicon Valley...
...private tastings at the surrounding châteaux and a day’s escape to Cap Ferret for oysters, Atlantic-ocean swims and sandy feet. maisondubreuil.com, from €3,500 per night half-board, three-night minimum Heavenly...
...The head of investment at a large endowment fund said he would like VCs he had backed, which include some of Silicon Valley’s largest names, to return some of the money committed to them by LPs rather than...
...After a sharp sell-off in debt markets at the start of the year, as central banks raised interest rates to fight inflation, bond prices rocketed as the collapse of Silicon Valley Bank sparked a flight to...
...A resurgence in initial public offerings or sales would allow LPs to recoup their invested capital and recycle it....
...They held true at various points earlier this year, including the flight to safety after Silicon Valley Bank’s collapse, and no gold price breakout followed. Something else is going on....
...And finally, some of our favourite features from last year: Private equity: higher rates start to pummel dealmakers Project Yeti: How HSBC bought Silicon Valley Bank UK for £1 How the Swiss ‘trinity’...
...Silicon Valley venture capital firms are rushing to create private equity style structures in a race to protect their portfolios and return money to investors....
...But perhaps surprisingly, it’s a French start-up rather than the latest Silicon Valley unicorn....
...The world’s largest private investment firms are exploring the purchase of loans from the remains of Silicon Valley Bank after the collapse of the tech-focused lender last week....
...PacWest, one of the hardest-hit lenders from the regional banking crisis, has agreed to merge with Banc of California in a sign that the fallout from the collapse of Silicon Valley Bank continues to reverberate...
...Weekend plans are often waylaid by my inability to walk past a charity shop, just in case a gem hides in its box of Mrs Mills LPs....
...Souki sold some parts of Aspen Valley Ranch and says he tried to sell others but was blocked by the bank, a claim UBS denies....
...BDT & MSD is also co-led by former Goldman rainmaker Gregg Lemkau who joined MSD in 2021 after a successful investment banking career in which he advised a host of Silicon Valley executives including Elon...
...“I didn’t predict the enormous crash but we knew there was a risk,” said one longstanding LP....
...Regional and midsized US banks have stepped up efforts to sell off their loan portfolios, looking to raise cash and cut their capital requirements after the failures of Silicon Valley Bank and First Republic...
...Envision joins a list of large bankruptcy filers this year that includes Bed Bath & Beyond, Avaya, Party City, Diamond Sports, Serta Simmons and Silicon Valley Bank Group....
...Named after the U2 song “Angel of Harlem”, this café is heavenly....
...round-up Australian lithium producer Allkem strikes merger deal with US rival Livent (FT) Glass Lewis backs Carl Icahn’s bid to oust Illumina chief and chair (FT) First Citizens makes huge gain on Silicon Valley...
...One thing to start: Goldman Sachs’ work for Silicon Valley Bank is being reviewed as part of government investigations into the tech-focused bank’s collapse in March, the Wall Street bank disclosed on Thursday...
...In June, the Silicon Valley venture capital firm said it was carving its China arm from its US and European operations, and also spinning off its India business....
...It comes as private capital giants such as Blackstone, Apollo Global, KKR and Ares Management explore ways to increase their exposure to credit after the collapse of two large US regional banks, Silicon Valley...
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