PEI Staff
According to a new study, changing vendor expectations mean that activity in the UK buyout market is set to pick up following a poor final quarter in 2001.
Innovatis takes E2m second round funding; Danish battery technology firm secures E800,000.
Fundraising in 2001 proved difficult for Wilton Asset Management, whose private equity fund fell $60m short of its original target.
The Swedish holding company has paid E188m for 90 per cent of ABB’s shares and capital commitments in the venture capitalist.
It is the age of the downround, and Joe Bartlett reports from the trenches in which venture capitalists and entrepreneurs fight each other over valuations.
The French government, working with private sector institutions, has unveiled a new venture capital fund to benefit start-up companies.
The fund will comprise money from the French State, European investment funds and the Caisse de dépôts et consignation, a French finance group.
Israel’s largest insurance company is looking to set up its own venture capital fund to invest directly in local businesses.
NBGI Private Equity pays £11.2m for engineering firm; 2PM Technologies takes E3.3m first round funding.
The bank’s venture capital unit, traditionally focused on small companies, will be rolled into HSBC Private Equity to up its investment level and target larger companies.