Monday, 22 September 2014
Last updated 2 days ago
Aug 3 2007 | 12:03pm ET
Radford, Va.-based Third Security has closed its sixth and largest private equity fund, New River Management V, at $250 million. The fund will make investments in both public and private companies.
NRM V has already announced investments or commitments to invest in several companies, including Clinical Data, Cyntellect, Halozyme Therapeutics and Intrexon Corp.
“With this fund, we have expanded our base of limited partners as well as our ability to participate in the actualization of many promising new technologies,” Randal Kirk, CEO of Third Security, said. “By continuing to apply our exacting standards for investing and our hands-on management approach, we expect to achieve success for the fund’s investors and portfolio companies.”
Third Security was formed in 1999 and focuses on emerging through late-stage investments in life sciences and information technology.
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.