Sunday, 21 September 2014
Last updated 1 day ago
Jul 19 2007 | 9:52am ET
Vector Capital has closed its latest fund with $1.2 billion. Vector Capital IV fund invests in buy-outs, spinouts and recapitalizations of established technology companies, and is also expected to acquire long-term stakes in undervalued public companies.
Vector has a particular focus on software, online services, communications equipment and security products, and plans to pursue a more significant number of larger transactions in the future.
The majority of capital in Vector IV was committed by existing Vector investors with new investors, including the Harvard Management Co., the endowment arm of Harvard University, according to the firm.
Vector was founded in 1997 and currently manages some $2 billion in assets.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.