Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. March 25, 2023

Zuckerberg, Chan Lease Trammell Crow’s Fulton Market Lab

Mark Zuckerberg and his wife Priscilla Chan have made Trammell Crow’s lab building in Fulton Market the launch point for the couple’s planned $250 million investment in biotech research in Chicago. The Chan-Zuckerberg Biohub is leasing about 26,000 square feet in Trammell Crow’s Fulton Labs building at 1375 West Fulton Street, Crain’s reported. The new […] The post Zuckerberg, Chan lease Trammell Crow’s Fulton Market lab appeared first on The Real Deal.
Read by 50% of LPs 14hours ago

Global Ipo Market Revival Undermined By Banking, Recession Risks | The Straits Times

March 26, 2023 3:57 PMLONDON – Banking turmoil and recession risks are spelling trouble for the global Initial Public Offering (IPO) market, keeping it mired in a slump even after investors started the year thinking that the worst of the stocks rout might be over.
Read by 61% of LPs March 25, 2023

How Credit Suisse Redefined The Ipo Market During The Dot-com Boom—then Lost Its Grip And Spiraled Into Scandal

In the glory days of Credit Suisse, investment banker Frank Quattrone helped put Silicon Valley on the map. : It’s hard to imagine now, but there was a time when Wall Street simply didn’t take Silicon Valley seriously. New York, with its financial powerhouses and bankers with slick backed hair, was where the action was in the 1980s. California was a backwater. That is, until Frank Quattrone got interested in the fledgling tech companies popping up on the West Coast.
Read by 32% of LPs March 24, 2023

Geminibio Strengthens Board Of Directors With Addition Of Bryan Poltilove

FORT LAUDERDALE, Fla. and SACRAMENTO, Calif., March 24, 2023 /PRNewswire/ -- Gemini BioProducts Holding, Inc. ("GeminiBio" or the "Company"), a portfolio company of BelHealth Investment Partners, LLC ("BelHealth"), a Florida-based healthcare private equity firm, and BroadOak Capital...
Read by 64% of LPs March 24, 2023

Rbc Snares Gluskin Wealth Managers As Onex Abandons Strategy

(Bloomberg) -- Onex Corp. has walked away from a strategy of expanding in private wealth as it refocuses on its core business of managing private equity and credit funds. Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeToronto-based Onex will transfer its Gluskin Sheff private weal.
Read by 65% of LPs March 23, 2023

Toshiba Corp Accepts $15 Bn Buyout Offer From Japanese Consortium | Business Standard News

The Tokyo-based company's board approved on Thursday a bid of about 2 trillion yen ($15.3 billion) from a group led by domestic private equity firm Japan Industrial Partners Inc.
Read by 51% of LPs March 23, 2023

Svb Failure Spurred By Social Media And Mobile Banking, Citigroup Ceo Jane Fraser Says

Banking crises have happened before, but this may be the first one accelerated by mobile banking and social media. : It’s been two weeks since the Silicon Valley Bank run that spurred a banking crisis. It took about 36 hours from SVB posting its troubled financials to it being shuttered by regulators. While the implosion exposed shortcomings in existing financial regulations, it also highlighted the role of social media in snowballing rumors and spreading panic in venture capital, private equity, and banking circles.
Read by 54% of LPs March 23, 2023

Wall Street Eases Hiring Freeze In Grab For Credit Suisse Talent

Headhunting firms working with banks like Goldman Sachs have started to fly representatives into Zurich to speak with candidates. Related StoriesSEC Charges Lindsay Lohan, Other Celebrities With Crypto Violations - EnclosureFed Hikes Quarter Point, Signals It Still Expects Higher Rates - EnclosureSEC Proposes Requiring BDs to File Forms Electronically - Enclosure.
Read by 51% of LPs March 23, 2023

Spire Capital Portfolio Company, Protect, Llc., Has Acquired Houston Integrity Consultants, Llc (hic)

Expanding and adding new value-add capabilities to PROtect's Merchanical Integrity Division NEW YORK, March 23, 2023 /PRNewswire/ -- PROtect, LLC, a leading national safety, reliability, and compliance services firm based in Wichita, KS, successfully consumated its acquisition of Houston...
Read by 67% of LPs March 23, 2023

Wall Street Eases Hiring Freeze In Grab For Credit Suisse Talent

Wall Street banks and European rivals are undoing de facto hiring freezes after Credit Suisse Group AG’s emergency rescue by UBS Group AG, unable to resist the lure of top talent available at a discount. Firms such as Deutsche Bank AG, Citigroup Inc. and JPMorgan Chase & Co. are readying to hire some of the Swiss firm’s investment bankers and wealth managers, people with knowledge of the matter said. Conversations are beginning in New York and London, and some headhunters are even flying to Zurich for meetings, the people said.
Read by 75% of LPs