PEI Staff
Chemical e-marketplace ChemUnity.com will use the funds to develop software.
The company’s trustees are seeking to put the company into bankruptcy tomorrow.
JP Morgan Partners' $92m losses impact on the group’s operating profits.
The group says it's ready to cope with "rough waters" after the departure of Jean-Bernard Tellio.
The company is to focus on its US businesses.
The investment company is also reported to be suspending its European operations.
Mobile software provider LPG will use the capital in its expansion into Europe, Asia and the US.
Independent directors in Europe are not getting the same rewards as their US counterparts.
The Spanish private equity firm, which last week closed an E600m fund, has invested in Guascor, a Basque waste management and renewable energy company.
Negative sentiment in the European capital markets puts the brakes on IPOs and trade sales.