The private equity giant reported a second-quarter profit yesterday of $376.3 million,, which was up from $178.2 million, during the same time last year.
The firm’s second-quarter economic net income, which includes all the “Unrealized gains,” from its investments as well as cash earnings, hit a record $840 million which is up strongly from the $501.6 million, during the same timelast year.
Venture capital-backed companies raised more than $32 billion in the second quarter of this year across 1,819 deals, bringing the total capital raised by VC-backed companies globally to a mind-blowing $59.8 billion for the first half of 2015, according to Venture Pulse Q2 ‘15 the first in a quarterly VC report series from KPMG International and VC data company CB Insights.
VENTURE CAPITAL DEALS. Rubicon Global, the so-called “Uber” for trash, is about to raise a fresh $50 million, according to Breakingviews columnist, Jeffrey Goldfarb.
Voltdb.com Leadspace, raised $18 million in new funding in a bid to “Solidify its position as a market leader in the B2B predictive analytics space.” The latest round of funding was led by Battery Ventures with participation from other previous investors.
Beacon, a subscription-based all-you-can-fly private plane service, announced that it has completed $7.5 million in Series A and other financing led by Romulus Capital with participation from MiVentures, Western Technologies Investment, and several other early stage investors.
Flybeacon.com JetSmarter, the mobile application that offers instant pricing and availability for private jets worldwide, says it raised $20 million from a group of “Influential” investors with its most recent Series B raise.