Venture Briefing: Strategic Environmental Portfolio Management Venture Briefing: Strategic Environmental Portfolio Management

Venture Briefing: Strategic Environmental Portfolio Management

Ice Miller website

Confidence Among Venture Capitalists Beginning to Slow
A quarterly survey that gauges the confidence level in Silicon Valley shows that venture capitalists downgraded their enthusiasm in the third quarter, but that doesn't necessarily mean the Bay Area's big-spending climate is about to change. On a five-point scale, with five being the most confident, 33 VCs registered an average of 3.89 -- lower than the second-quarter reading of 4.02.
(Source: The Wall Street Journal, 2014-10-23) Read the full article
Postponed IPOs May Be Opportunity for Private Equity
Strong demand for initial public offerings (IPO) and cash-rich companies muscled private equity out of deals. But that may be starting to change, as a slide in equity markets has put off IPO investors, and slowing global growth has injected a new caution into corporates.
(Source: Reuters, 2014-10-19) Read the full article
Buyout Firms' Deal Debt Levels Reaching Record Highs
Buyout firms are piling near record levels of debt onto their deals, but -- at the same time -- they are building high cash cushions in case things go awry, according to trade organization Loan Syndications and Trading Association. Buyout deals done during the third quarter featured an average debt level of more than six times the target company's earnings before interest, taxes, depreciation and amortization, a popular proxy for cash flow, according to data revealed during the association’s annual conference in New York.
(Source: The Wall Street Journal, 2014-10-23) Read the full article
Science Startups Seeing Renewed Interest from V.C. Firms
After years of shying away from science, engineering and clean-technology startups, investors are beginning to take an interest in them again, raising hopes among entrepreneurs in those areas that a long slump is finally over. But these startups face intense pressure to prove that their science can turn a profit more quickly than hot tech companies like Snapchat and Uber.
(Source: Seattle Times, 2014-10-20) Read the full article
Private Equity Industry Seeks to Woo Individual Investors
For decades, David M. Rubenstein has persuaded big institutions like pension funds and university endowments to invest billions of dollars with his private equity firm, the Carlyle Group, promising them better returns than the general market. But in recent months, he has crisscrossed the country in a campaign to attract a type of investor that has relatively little experience in this industry: individuals.
(Source: The New York Times, 2014-10-20) Read the full article
Amid Recovery, Small Business Owners Find it Easier to Sell Out
The Great Recession made it hard to sell a small business, but the time may finally be right to start shopping for Bermuda shorts. Quarterly data from BizBuySell, an online marketplace, show that the market for business sales has largely recovered.
(Source: Bloomberg Businessweek, 2014-10-15) Read the full article
Boards Should Do More to Protect Against Hackers, Experts Say
As an increasing number of major retailers and financial institutions are falling victim to hacks like those against Target, Home Depot and JPMorgan, many experts say corporate boards aren't doing enough to protect customers from cybersecurity breaches. While corporate boards are a step removed from companies' day-to-day operations, the increasing risk of data breaches means that board members need to be more involved in cybersecurity, observers say, whether by pushing for security oversight or reshuffling executives who don't react properly to crises.
(Source: Time, 2014-10-21) Read the full article
Shareholders More Skeptical About 'Say-on-Pay' Rights
Shareholders appear to be getting more assertive in exercising their "say-on-pay" rights, according to a new report that shows an 18 percent increase this year in the number of executive compensation plans that failed to receive majority shareholder support. In their final ProxyPulse report for the 2014 proxy season, Broadridge Financial Solutions and PwC's Center for Board Governance found that while the percentage of shares voted in support of pay plans was 89 percent -- the same as in 2013 -- support levels slipped for the plans of mid-, small-, and micro-cap companies.
(Source:, 2014-10-20) Read the full article
Corporations Taking on New Philanthropic Efforts
Experts say corporate philanthropy is usually about more than just philanthropy. Marketing, brand-building, and human-resource considerations all count as companies build corporate-giving strategies.
(Source: Philadelphia Inquirer, 2014-10-24) Read the full article
Strategic Environmental Portfolio Management
Kristina M. Tridico

Assessing the environmental risk of your portfolio of properties and companies is more than performing a one-and-done environmental investigation at the time of purchase or sale. Read more online.


By The Numbers

The third quarter saw another $13.8 billion invested in U.S.-based startups, the second-highest quarterly post-crisis figure behind 2Q 2014 ($17.5 billion).
Source: PitchBook 4Q 2014 U.S. Venture Industry Report


Services Group

Ice Miller has been one of the most active law firms in the private equity industry over the last decade, representing both entrepreneurs building great companies and the private equity firms and individuals that invest in them. We have extensive experience with all types of funds (formations and operations); mezzanine and senior secured financing; leveraged buyouts, roll-ups, build-ups, and consolidations; divestitures and exits; and complex litigation on behalf of investors and privately financed companies. In addition, over the past 10 years, Ice Miller has represented hundreds of emerging growth businesses in various industries on such matters as entity formation, capitalization, capital raising, alternative financing, intellectual property rights and protection, growth and exit strategies, corporate governance, tax matters, and many other legal issues that are critical to the growth and success of an emerging company.

Read the complete profile of the Business Group.

Anthony Aaron
Haley Altman
Jennifer Andres
James Bannister
Richard Barnhart
Edward Braum
Jessica Brown
Kristine Camron
Timothy Capen
Joshua Christie
Ryanne Bush Dent
Dustin DuBois
Stephen Edwards
Michael P. Farrell
Jasmin N. French
Harry Gonso
Eric Goodman
Jon Groff
Stephen Hackman
David Hight
Steven Humke
Michael Jordan
Josef Keglewitsch
Patrick Kennedy
John Lawlor
Dean Leffelman
Chris Michael
Laurie Miller
Michael Millikan
Brent Mosby
Robert Ouellette
Thomas Pampush
Matthew Servies
Brittney Sharp
Brent Showalter
Scott Snively
Dale Stackhouse
Elizabeth Thomas
John Thornburgh
Richard Thrapp
Kristina Tridico




This publication is intended for general information purposes only and does not and is not intended to constitute legal advice. The reader must consult with legal counsel to determine how laws or decisions discussed herein apply to the reader's specific circumstances.

View Full Site View Mobile Optimized