PEI Staff
The French software firm has closed 2nd round thanks to some heavyweight investors including GRP, American Express and Commerzbank.
Unilever European Fabrics and venture capital firm Vesta, have teamed up
Sovereign Capital Limited Partnership III has just announced a first closing at £55m. The fund, which was launched in October, will have rolling closes until October, when it hopes to close at between £100-£125m.
Faced with difficult market conditions, the TMT venture capitalists had a “challenging” year which saw its net asset value plunge 45.5 per cent.
The private equity arm of the French industrial and medical gases company is opening a new office in Stockholm to expand its northern European presence.
Despite the slump, European private equity funds raised and invested more money in 2000 than ever before.
After rejecting approaches from other groups British Airways may be on the verge of closing a deal with 3i for the sale of its low cost airline Go.
As reported on PEO earlier this week, Reuters today confirmed that the management of the Greenhouse Fund is to be transferred to RVC, a newly-formed and independent fund management company.
Lloyd’s invested £6.7m in the UK information system developer two years ago, and is expected to sell off about two thirds of its shares towards the end of June.
The UK private equity fund has closed its first round funding and is on track for a closing later on this year in the order of E2.5bn