Felicis Ventures, the Silicon Valley-based firm run by super angel investor and former Google executive Aydin Senkut, has raised $52m for its third fund, according to a recent filing with the US Securities and Exchange Commission.
Four months after a court ruled debtholders could foreclose on its Alex Hotel and Flatotel properties in Midtown, Alexico Group and its partners have filed for bankruptcy protection in connection with the two buildings, which have $368 million in liabilities, Bloomberg News reported (note: correction appended). The developer has $245 million of outstanding liabilities on the 272-room Flatotel at 135 West 52nd Street with lenders Rockpoint Group, Procaccianti Group and Atlas Capital Group. The partnership purchased the debt from Anglo Irish Bank two years ago.
Ernst & Young LLP today announced the finalists for the Ernst & Young Entrepreneur Of The Year® 2012 Award in the New York region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Award winners will be announced at a special gala on June 19, 2012 at the Marriott Marquis.
ATAA Past-President Günay Evinch (Övünç) spoke as the Master of Ceremonies at President Abdullah Gül's Atatürk Remembrance Reception in Chicago on May 19, 2012. Evinch called the audience of over 750 for a moment of silence and for the Turkish National Anthem: 
