By Michael Macaluso On March 10, 2023 the California Department of Financial Protection & Innovation declared Silicon Valley Bank (“SVB”) insolvent and appointed the FDIC as receiver. Simultaneously, the FDIC created the Deposit Insurance National Bank of Santa Clara to facilitate access to SVB deposits insured by the FDIC. For those of us who worked through […]
June 6, 2016
Mary Meeker’s much anticipated 2o16 Internet Trends report sporting 213 slides and delivered by her in under 30 minutes is now available on the Kleiner Perkins website. Click here to read.
November 8, 2014
Overview of Private Investment Trends in Asia-Pacific Recently, we explored the private equity investment climate in Southeast Asia in Next Stop, Southeast Asia and took a look at the potential implications of the Shanghai Free Trade Zone in Shanghai Free Trade Zone – A New China Paradigm for Western Investors? This time around we are […]
September 1, 2014
Ocean Holding acquires Düsseldorfer Hypothekenbank Completing one of the largest bank acquisitions in Germany in years by total assets at approximately €12 billion, Lone Star has sold its controlling interest in Düsseldorfer Hypothkenbank to Ocean Holding, an Attestor fund. After acquiring the bank in 2010, Lone Star injected €500 million to strengthen its core capital position. The […]
November 21, 2013
Jebel Ali, Dubai – November 19, 2013. One of the side effects of working across borders is that I variously find myself somewhere on relatively short notice. So it was when I recently found myself in The Hague surrounded by the World’s largest round painting and transported back for a moment to a place that once was. Then the Dubai […]
October 14, 2013
After writing recently that “Private Equity Investment in Vietnam sets a Record[1],” the question about how the rest of Southeast Asia is doing is a natural follow-on. With the able assistance of Liming Xu, we took a look at the region as a whole to see if the trend evidenced in Vietnam is part of a […]
August 17, 2013
The Scott Brass decision by the U.S. First Circuit Court of Appeals is unlikely to have the significant impact on private equity funds that many are foreseeing. The decision does, however, create yet another level of uncertainty to the deployment of capital to companies where it is most needed. Five years after the US financial […]
August 13, 2013
The U.S. Securities and Exchange Commission (“SEC”) recently adopted final rules which will provide funds and other issuers greater flexibility in conducting private offerings of securities in the U.S. These rules, which relax long-time restrictions on general solicitation and advertising, take effect on September 23, 2013. It is no exaggeration to say that these new rules change the game for issuers, […]
July 13, 2013
What we have been seeing in terms of activity in the private equity sector in Vietnam seems to be confirmed in the just released report by Private Equity international (July 12, 2013). PEI reports that “Private equity investment in Vietnam hit $535 million in the first half of 2013, a record first half amount that already exceeds the […]
July 12, 2013
We have been working with one of our clients on the design and implementation of a “social impact fund” to make investments in companies and entrepreneurs in developing countries. This week Private Equity International in its Friday Letter talked about the development of social investing. Below is an excerpt from their commentary: “This week, the Impact […]
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March 12, 2023
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