Sands Capital Closes $560m Life Sciences Fund

Sands Capital Closes $560m Life Sciences Fund

Sands Capital held a first and final closing of its second life sciences dedicated fund, Sands Capital Life Sciences Pulse Fund II, L.P., raising $560m. This close increases total Pulse Strategy assets under management to more than $950m, including Sands Capital Life...
Cornerstone taken private in $5.2bn deal

Cornerstone taken private in $5.2bn deal

Private equity firm Clearlake Capital is to take cloud computing and management software provider Cornerstone OnDemand private in a deal worth $5.2bn. Under the terms of the deal, Cornerstone shareholders will receive $57.50 per share in cash, a 15 percent premium...