NEW YORK – Bank of New York is about to become the latest lender to launch a private equity fund-of-funds for its private clients. Industry sources say lenders today are almost forced to offer their clients access to private equity partnerships to keep up with competitors such as BankBoston, Chase Manhattan Corp., Credit Suisse First […]
ANN ARBOR, Mich. – Arbor Partners L.L.C. has begun premarketing a venture capital fund that will target the electronic commerce and Internet sectors. The firm intends to raise between $50 million and $60 million for the vehicle, which will make later-stage investments, said Managing Director Donald Walker. Active fund raising should begin around the middle […]