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Beach Point Closes Second CLO Totaling $397.44m

Private Equity Insights

Beach Point CLO Management LLC, an affiliate of Beach Point Capital Management LP (collectively “Beach Point”), today announced the final closing of Sandstone Peak II Ltd., The total deal, sized at $397.44m, received broad support from a diverse range of investors. JP Morgan acted as lead arranger.

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Anatomy of an Innovation-friendly School

This is going to be BIG.

More and more startups are getting built without relying on University research--because hard technology is rarely the barrier to innovation these days. Student clubs can be very powerful connections into the startup and innovation world. Give them that and they'll decide on their own to be a founder.

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Blackstone, JPMorgan, Marlin, and New Mountain Back $3bn Merger of Virgin Pulse & HealthComp

Private Equity Insights

The combination between Marlin Equity Partners-backed Virgin Pulse, a digital health wellness company, and New Mountain Capital-backed benefits administrator HealthComp, will serve more than 20 million members and 1,000 self-insured employers, according to a release. Marlin and New Mountain are both active investors in healthcare.

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Convertible? Equity? What kind of coin should you use to scratch off a lottery ticket?

This is going to be BIG.

Seed investors trip over themselves to get a look at the latest YCombinator deals and the entreprenuers in the hottest companies are in the drivers seat on terms. Unfortunately, that’s really not the case for most startups. They may have unlimited tolerance for pricing, but you don’t have unlimited resources as a startup.

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Increased M&A activity reinforces Israeli expertise and innovation in cybersecurity

Insight Partners

The Israeli tech ecosystem is one of the most resilient and innovative startup communities in the world. At Insight Partners, we’ve been privileged to take part in this phenomenon over the years as an active investor in more than 20 Israeli cybersecurity companies.