Elderstreet is Venture Capitalist of the Year at UK Technology Awards

The private equity firm and one if its portfolio companies won awards in two categories and its chairman was runner up in another.

Venture capital firm Elderstreet Investments has won Venture Capitalist of the Year at the UK Technology Awards. Amadeus Capital Partners and Intel Capital were shortlisted in this category.

The awards, which were sponsored by PricewaterhouseCoopers were part of the three day UK Technology Partnering and Investment Forum.

Christopher Wright, global head of Dresdner Kleinwort Capital, the private equity arm of Dresdner bank which owns Elderstreet, commented: “Elderstreet is a focused operation with excellent experience of the UK software sector and an impressive investment track record. Their track record has been created over successive cycles and market conditions. We congratulate Elderstreet on this award and look forward to working in partnership with them to replicate this success in Germany.”

One of Elderstreet’s and DrKC’s portfolio companies, Mediasurface, a provider of content management software, won the award for Hottest Property of the Year. Terry Matthews of venture capital firm Celtic House won the Seed Investor of the Year, with Hermann Hauser at Amadeus Capital Partners, and Michael Jackson, Elderstreet's Chairman shortlisted for the award.

Dresdner Kleinwort Capital acquired Elderstreet in November last year. DrKB added the remaining 82 per cent of Elderstreet to the initial 18 per cent stake it bought in 1999. Its working relationship with Elderstreet dates back to 1991.