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Posts Tagged ‘private equity funds’

By Sarah McBride SAN FRANCISCO (Reuters) – Investors in March fired G. Steven Burrill as the head of a $283 million venture-capital fund he ran, amid alleged fraud and misuse of capital, according to a lawsuit. The lawsuit, filed last week in state court in San Francisco, comes at a time when the Securities and […]

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The first public company to invest in Bitcoin had a $3.7 million paper loss on the digital currency, according to a Securities and Exchange Commission filing. Fortress Investment Group, which was founded as a private equity fund but expanded into hedge funds and other types of investments, reported that it bought $20 million worth of […]

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By Arno Schuetze and Oliver Hirt FRANKFURT/ZURICH (Reuters) – Private equity fund CVC is preparing to divest Sunrise, Switzerland’s second-biggest mobile operator, after failing to merge it with a peer in 2010, four people familiar with the matter said. CVC has been in discussions with banks over a possible role in a sale or listing […]

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