| View this email online The Wire Aug. 19, 2021 Crosspoint’s Hugh Thompson on cybersecurity opportunities, Avista co-founder Tom Dean to step into chairman role Happy Thursday! Check out our latest Spotlight podcast featuring reporter Milana Vinn interviewing Hugh Thompson, managing partner at Crosspoint Capital, about the state of cybersecurity. Thompson touches on areas of vulnerability and opportunities in helping secure consumer data. Check it out here. Also, Avista Capital’s co-founder and co-CEO, Tom Dean, will transition to the role of chairman as of the end of this year. David Burgstahler, who co-founded Avista with Dean in 2005 and who has been co-leading the firm, will become sole managing partner and CEO, the firm said in a statement. Read it here on PE Hub. Book: On vacation, I read about halfway through the bio of John Adams by David McCullough. The story is so absorbing that, at the end of our vacay, I felt like I was leaving an old friend. Highly recommended. That’s it for me! Have a great rest of your day. Hit me up with tips n’ gossip, feedback or book recommendations at cwitkowsky@buyoutsinsider.com or find me on LinkedIn. Read the full PE Hub Wire column here on PE Hub. Also of note (may require subscriptions) Continue: Continue fund deals have mostly been done by well established GPs, but one deal in the market involves Nexus Capital, a firm formed in 2013. Nexus is moving two assets out of its 2018 second fund and into a continuation pool for more time and capital to manage the companies. It’s the rare example of a younger firm and fund finding ways to extend holds over treasured assets. Read it here on Buyouts. Tech: Permira invested in CommentSold, which provides digital commerce services for small and medium-sized retail businesses. CEO Brandon Kruse will continue to lead the company alongside the existing management team. Read it here on PE Hub. Spinout: HarbourVest Partners is backing a spinout of a portfolio of assets managed by Capital Group Private Markets that will be managed by Singapore-based Everbridge Partners. Everbridge was formed in 2018 by Capital Group’s Asia managing partner Leonard Kim. Read it here on Secondaries Investor. PE Deals They said it “We have a fundamental view that growth [companies] will always be highly valued; people always pay for innovation.” Matt Hobart, co-managing partner of TPG Growth, on the need to keep a focus on the mid-market. Today's letter was prepared by Chris Witkowsky Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. FIND OUT MORE Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. London | New York | Hong Kong PEI Media Group Ltd is registered in England no.6135779 Registered office: 7th Floor, 100 Wood Street, EC2V 7AN To update your PE Hub email preferences, or to unsubscribe, click here. | 