Our exhaustive review of the fundraising process for ParkerGale's first fund. We cover the strategy for launching the fund as well as the tactics we used to raise $240 million.
Our team recently announced the formation of a new private equity fund, ParkerGale. You can click around the site here to find out more details about what we do and how we do it, but I wanted to explain the motivation behind the firm and why we thought now was the right time to launch.
Unless you’ve been on a deserted island without internet access all week you’ve read about Donald Sterling’s galactic audiotape disaster and RadiumOne CEO Gurbaksh Chalal copping to two misdemeanors after being charged with multiple felonies for apparently striking his girlfriend 117 times.
We are just a few weeks into 2014 and there is plenty of juicy news to digest.
Many in the technology community were quick to pass off Tom Perkins’ rant in the Wall Street Journal about a coming “progressive Kristallnacht” (yes, he really wrote that if you haven’t heard already) as the ramblings of an aging one-percenter who has lost touch with the real world.
Much of my job consists of reading about companies our fund might want to buy.