VC Recap: Rise Of SFO VC; China's Deflating Tech Bubble
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news from the previous day. Here are the stories you may have missed:
Billionaire CEO Ken Griffin Donates $10M to the MCA Chicago
Ken Griffin, CEO and founder of Citadel LLC, (left) and Henry Kravis, co-chairman of KKR & Co., at the Museum of Modern Art’s ‘Party in the Garden’ in 2013. (Photo: Amanda Gordon/Bloomberg via Getty ...
Chicago-Based Orbitz Has Drawn Interest from Private Equity Funds
The company is working with a financial adviser as it reaches out to potential buyers, said the people, asking not to be identified discussing private information. Chicago-based Orbitz has drawn inte...
Chicago-Based REIT Sold a Vacant Office Building for $15M Less Than it Paid For
RJ Kelly of Burlington has purchased this 123,000-square-foot office building on Middlesex Turnpike for $5 million....
GetSet, Online College Peer Networking Startup, Raises $2.5M Seed Round
Based in Chicago, Illinois with headquarters in the East Loop, GetSet offers college students an online platform that enables users to create a peer support network to help them with a variety of iss...
Public School Teachers' Pension and Retirement Fund of Chicago
Chicago Teachers Pension Fund is looking for commodities portfolio manager
Bah Bah Black Sheep... Have you Any Goats?
A hedge fund manager’s plan to help clean up Detroit by letting baby goats graze on public land has come to an abrupt end — or so it seems....
Hearn set to buy Three First National Plaza from Hong Kong / South Korea Venture
Chicago-based Hearn will pay about $260 per square foot, or 9 percent more than a Hong Kong-South Korea venture paid less than three years ago for the 1.4 million-square-foot tower at 70 W. Madison St., according to people familiar with the transaction.
Hayman $5M Judgment For Defamation Claims on Frivolous Lawsuit
The three plaintiffs claimed in the lawsuit that Hayman, its officers Andrew Bacik and Christopher Dieterich, Hayman’s outside counsel, Robert Masud, and the Chairman of Hayman’s Finance Committee, R...
Chicago's Thoma Bravo Raises Big New Private Equity Fund
Byron Trott, the former Goldman Sachs Group Inc. banker who leads BDT, has been angling to raise a $5 billion fund this year....