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November 21, 2017

Ex-Lawyer's Fortuitous Path To CIO | Craig Slaughter, West Virginia Investment Management Board | Exclusive Q&A

Craig Slaughter is the chief investment officer of the West Virginia Investment Management Board, the entity responsible for investing the state's defined benefit plans and Workers' Compensation Funds. He's been responsible for the state's investment portfolio since leaving the practice of law in 1989. In this interview, Slaughter discussed his transition from law to institutional investing; how his background influences his approach to the markets; and why he's suspicious of new ideas, but not afraid of them.
Read by 45% of LPs 6 hours, 25 minutes ago

Alation Raises $50M In Series C Funding To Further Leadership In Data Catalog Market

Read by 64% of LPs 6 hours, 30 minutes ago

Netrounds Raises Series A Investment Round Led By Swisscom Ventures And A New Nordic Technology Fund

Along with the addition of industry experts to the Netrounds board, this round will help expand global sales operations, strengthening key talent acquisition, and continued solution innovation. STOCKHOLM, January 17, 2019-- Netrounds, the leading provider of software-based active testing, monitoring and automated troubleshooting solutions for communications service providers and global enterprises, today announced that it has raised a Series A investment round led by Swisscom Ventures, the venture capital arm of Switzerland's leading telecommunications and IT company, Swisscom Group, and a new Nordic technology investment fund which is expected to be disclosed and announced at the end of Q1, 2019.
Read by 66% of LPs 6 hours, 35 minutes ago

Allegiance Capital Announces January Promotions

DALLAS, January 17, 2019-- Allegiance Capital Corporation, a Dallas, Texas-based private M&A investment bank that specializes in middle-market transactions, is pleased to announce three personnel promotions effective January 15, 2019. Shane Mahmood has been promoted to President, Eric Kern has been promoted to Managing Director, and George Burrell has been promoted to Vice President. Shane joined Allegiance Capital in 2012 after completing a tour of duty in the United States Army where he served in the 101st Airborne Division during Operation Iraqi Freedom. Upon completing his degree in finance from Cameron University, Shane joined Allegiance Capital's Business Development group.
Read by 62% of LPs 6 hours, 35 minutes ago

Merieux Equity Partners Announced That Benoit Chastaing Has Joined The Firm As Senior Partner

LYON, France, January 17, 2019-- Merieux Equity Partners announced today that Benoit Chastaing has joined the firm as Senior Partner, to foster the firm's growth capital, MBO/LBO and majority investment activities relating to small and mi-cap companies within the healthcare and nutrition sectors. Benoit Chastaing brings to Merieux Equity Partners a solid track-record in managing and financing fast growing companies within the sectors of interest of Merieux Participations 3, the third generation vehicle recently launched with the support of several large family holdings and institutional investors.
Read by 56% of LPs 6 hours, 35 minutes ago

Alluxio Closes Series B Round To Increase Investment In Unifying Data At Memory Speed

Pioneer in real-time analytics and machine learning at massive scale has raised $16 million to date; Former Veritas CEO Mark Leslie joins company as board observer SAN MATEO, Calif., January 17, 2019-- Alluxio, developer of the world's first software system that unifies data at memory speed, today announced that it has closed $8.5 million in Series B funding led by Seven Seas Partners with participation from existing investor Andreessen Horowitz, bringing the total funding raised to date to $16 million. Jack Xu, Managing Partner of Seven Seas, joins the company's board of directors.
Read by 77% of LPs 6 hours, 35 minutes ago

Scalefactor Raises $30M Series B To Automate Back-office Bookkeeping

CHARLOTTE, N. Car., January 17, 2019-- Austin accounting automation software maker ScaleFactor said Thursday it has raised a $30 million Series B funding round and made a few executive hires. The new funding, led by Bessemer Venture Partners, an early stage firm based in Menlo Park, Calif. Prior investors Canaan Partners, Broadhaven Ventures, Firebrand Ventures and several angel investors also returned to back the company again in this round.
Read by 56% of LPs 6 hours, 35 minutes ago

Mr. Paul Bridwell Joins Opengate Capital In Senior Operations Role For North America

Tenured Private Equity Professional Joins Firm's Global Senior Leadership Team Leading Operations for North American Investments LOS ANGELES, January 17, 2019-- OpenGate Capital, a global private equity firm, announced that Mr. Paul Bridwell joined the firm on November 5th, 2018, as Managing Director to lead operations and portfolio management for the firm's North American-based investments. Based in Los Angeles, Bridwell joins the OpenGate senior leadership team as a member of the firm's Investment and Portfolio Committees.
Read by 78% of LPs 7 hours, 35 minutes ago

Mgm Hands Board Seat To Activist Hedge Fund Corvex's Meister | Investing News

FILE PHOTO: Keith Meister, Managing Partner and Chief Investment Officer of Corvex Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File PhotoReuters (Reuters) - MGM Resorts International has struck a deal with hedge fund Corvex Management's founder, Keith Meister, to give him a board seat, one week after a rival activist investor was seen building a position in the casino operator. Corvex owns roughly 3 percent of MGM's stock.
Read by 36% of LPs 8 hours, 35 minutes ago

Silicon Valley-based Entrepreneur Clarence Wooten On Ghogh Podcast

In the 15th episode of the GHOGH podcast, Jamarlin Martin talks with Silicon Valley-based entrepreneur Clarence Wooten, who sold his first tech business for $23 million. They discuss Bitcoin's long-term prospects and how blockchain has opened up new capital-raising opportunities for entrepreneurs. Clarence also talks about his new venture, STEAMRole, meritocracy, and common mistakes founders make. [...] The post Full Transcript: Silicon Valley-Based Entrepreneur Clarence Wooten On GHOGH Podcast appeared first on Moguldom.
Read by 40% of LPs 9 hours, 5 minutes ago

Gulfport Pledges Share Buybacks After Hedge Fund Demand

Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value Partners.
Read by 65% of LPs