Greetings from 30,000 feet, as I head back out for a couple of days on the West Coast.
Some notes to kick off your Monday: • SEC Chair Mary Jo White on Friday gave a speech to the MFA Outlook 2015 conference, in which she reflected on the regulation of private fund advisors after Dodd-Frank.
Most of her comments related to hedge fund managers, but there were a few takeaways for private equity.
Most importantly, White is using the recent settlements with Blackstone Group and KKR as legitimization of the Dodd-Frank rules that required private equity fund registration — something that many industry players (particularly smaller ones) decried and have held out some hope of reversing.
Match Group, the online dating unit of IAC/Inter Active Corp (Nasdaq: IACI), has filed for a $100 million IPO. and Bof A Merrill Lynch serving as lead underwriters.
It plans to trade on the Nasdaq under ticker symbol MTCH, with J. The company, whose brands include and Tinder, reports $49 million of net income on nearly $484 million in revenue for the first six months of 2015. • Mimecast Ltd., a London-based provider of cloud security and risk management services for corporate information and email, has filed for a $100 million IPO.
That means 2015 is almost certain to be the biggest year for VC activity in the U. Follow me @danprimack • Ensighten, a San Jose, Calif.-based provider of data and tag management solutions, has raised $53 million in private equity and debt financing.