PEI Staff
The firm has invested $20m in Openet, an Irish company developing telecommunications software.
Gary Klesch, founder of the eponymous investment boutique, says distressed assets in Europe have mushroomed, already adding up to a $150bn investment opportunity.
Swedish security company raises SEK16m funding; E6.7m first round funding for French Internet services firm; Stockholm-based software house secures SEK7m investment
Barclays Bank is looking to provide tens of millions of pounds in venture funding for some of the UK's most depressed areas.
Private equity is a significant driver of economic growth in the UK, says a new survey by the BVCA.
The independent technology VC firm will begin fundraising next month for a new £25m trust.
Following September 11, private investors are holding back on new allocations to private equity and other volatile asset classes.
Graeme Scott Johnson joins the Zurich-based fund of funds business from rival LGT Capital Partners.
Argus Capital Group, a private equity division within THe Prudential Insurance Company of America, has committed more than $6m to DD Publishing, a holding company based in Luxembourg.
Swedish broadband infrastructure company takes E641,000 funding; UK fund management firm secures £1.6m funding.