Dan Primack

Daniel Waterhouse has joined Wellington Partners as a fulltime venture partner in London. peHUB had reported last month that Waterhouse was leaving his partnership position with 3i Group, after just 20 months on the job. In an email to friends, Waterhouse said: " I am now delighted to announce I have joined Wellington Partners... This is a very exciting move and I join a first class pan-European VC." Prior to 3i Group, Waterhouse spent six years in the corporate development department of Yahoo. In that role,

Connie’s been posting lately on the subject of SBIR grants, and whether or not they should be available to VC-backed companies. The entire program is currently up for reauthorization, with the Senate so far refusing to pass House amendments that would add VC-backed companies back into the mix. This is one of those subjects I […]

Carlyle Venture Partners is dead, long live Carlyle Growth Partners. That’s the message coming out of DC HQ, where Carlyle has changed the name of a group that has raised more than $1.4 billion for three funds since its 2000 inception. Carlyle spokesman Chris Ullman says that the “cosmetic change” was quietly made within the […]

Interesting moment yesterday during Bill O'Reilly's interview of Barak Obama, at least for the peHUB audience. While discussing Obama's alternative energy plans, O'Reilly suggested Obama was “scatter-shotting” the situation. Obama’s response, in part: "The nature of discovery and research and innovation is you put money into a lot of promising pockets -- it’s like venture capital -- and some things are going to work and some things are not." Does the simile hold for you? Video after the jump.

Lehman Brothers today announced that it plans to sell a majority stake in its investment management business, as part of a larger restructuring. Within that sale is expected to be Lehman’s private equity business, which currently has around $35 billion in assets under management (or around 12% of the total unit’s AUM). The group is […]

Yesterday I asked PE Week Wire readers to name a neuromodulation startup thathas quietlyraised $45 million in new VC funding. Turns out it was a bit of a trick question, because the regulatory filing I based it on had some incorrect information. The answer – as two readers somehow guessed – is Nevro Corp. a Palo Alto-based company focused on treating patients suffering from chronic back pain (it will later move onto other chronic pain indications). The incorrect piece of info is the $45 million. Company CEO Konstantinos Alataris – a former vice president with Bay City Capital – says that the company actually raised $21.75 million in Series B funding, and will soon file an amended regulatory doc to reflect it. “Just a typo,” explains

Regular readers know that I am a late adopter when it comes to communication technology. First cell phone in 2002. First Blackberry four months ago. First Twitter tweet sometime in the future. But that doesn't mean that I can't recognize the usefulness of such things, which leads me to recommend a Twitter stream for entrepreneurs in search of venture capital. It's called VCtips, and can be found here. The stream is populated by a dozen VCs, including Brad Feld (Foundry Group), Fred Wilson & Albert Wegner (Union Square Ventures), Bryce Robers (OATV), Josh Kopelman & Rob Hayes (First Round

Yes, we crashed again this morning after sending out the daily email. No, we don’t yet have a good answer from our hosting company (it should have been able to handle the spike). Major apologies for the inconvenience.

BitGravity is one of those startups that I keep a special eye on. Not because of its technology — such things confuse me — but because its CEO Perry Wu is one of the many refugees from what was once known as ComVentures. Always fun to watch someone try to rise from the ashes. Back in […]

Just flipping through the regulatory filings (some life!), and noticed that Polaris Venture Partners has led a Series A round for something called LOLapps. The filing says $3.5 million of $4.5 million has been called down, with Polaris’ red-eye resident Mike Hirschland taking a board seat. San Francisco-based LOLapps says that it makes distributed social […]