VC Recap: Funds Raise Record Amount; Israel Next VC Gold Mine
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news from this week. Here are the stories you may have missed:
Private Equity Executives More Cautious About Deal Flow This Year
High valuations of businesses and the prospect of rising interest rates finally had an impact on the confidence of private equity firm executives, according to a new survey that shows PE professional...
BlackRock to Build Out Infrastructure Offerings
“There are more and more clients asking about infrastructure,” Fink, 62, said today in a telephone interview. The firm is “spending a great deal of time” working on such products for clients, both i...
Private Equity-Backed Buyout Deals and Exits Hit Highest Since 2007
2014 represented the highest ever aggregate exit value for private equity buyout fund managers, with a total of 1,604 exits globally valued at $428bn. This is up over 30% on the total value of exits ...
BC Partners buying PetSmart for $8.7B in Largest U.S. PE Deal
According to a press release, BC Partners will pay $83 per share for Phoenix-based PetSmart. That represents a 6.86% premium over PetSmart’s closing price on Friday, but a whopping 46.2% bump over it...