Is IMA chief Venable visionary or misguided?
For some, Venable is facing the IMA’s fiscal challenges by making the museum relevant to more people. But to critics, he has turned the IMA into a members-only club, de-emphasizing art.
Tom Hiatt
Articles
EDITORIAL: Indianapolis Museum of Art earned its firestorm
The Indianapolis Museum of Art has had a rough month, and the arrows it is taking are self-inflicted.
Why the Indianapolis Museum of Art raised admission
As stewards of one of our community’s most loved cultural assets, we felt we made the only prudent choice we could.
Centerfield rounds up $171M for new fund
An Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116 million.
HIATT: Political campaign puts private equity in the spotlight
In the current political campaign, private equity, the industry in which I have spent much of my career, finds itself in the spotlight. But in my conversations with other intelligent people, I often find they are curious about what private equity funds do.
Global micro lender Grameen ramps up in Indianapolis
Low-income women could receive loans in weeks.
Growth funding drying up in Indianapolis
A key financial stepping stone for Indianapolis-area startups is dwindling, with no significant replacement on the horizon.
Grameen Bank might open here, providing small loans that add up
Bangladesh-based Grameen Bank, the Nobel Peace Prize-winning financial institution that developed the concept of life-changing
micro loans for the poor, is contemplating opening its third U.S. branch in Indianapolis.
VC firm raises $116M for second fund after knocking first one out of park
Thanks to hefty 35-percent gross returns on its $60 million first fund, locally based Centerfield Capital Partners LP has
raised nearly twice as much for its second. This month, the venture capital firm closed on $116 million from a variety of
investors. As before, Centerfield’s 50 limited partners include major Hoosier institutions. But this time, numerous big banks,
insurance companies and pension funds from outside state lines were also investors.
Tech firm Powerway seeking rebound
Powerway Inc., the Indianapolis-based maker of manufacturing quality-control software that grew like gangbusters in the 1990s
and aimed for an initial public offering, has endured a dog of a half-decade. But that soon could change. Powerway just hired
an IT industry turnaround expert as CEO.