Elevation Aims High
Elevation Partners first made headlines two years ago when news broke that U2 singer Bono would join with five Silicon Valley veterans to form a new private equity firm focused on media, entertainment, and technology. After closing an inaugural $1.9 billion fund last August, Menlo Park (Calif.)-based Elevation eased into the private equity market, forming a new independent game development house with Pandemic Studios and BioWare Corp. and investing $100 million in real estate Web site Move.com.
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