L Capital Partners

Arta Capital and L Capital Partners have agreed to acquire a 27.9% stake in Pepe Jeans, for €85 million. Sellers include Spanish private equity firm Torreal and Pepe management, which will end up holding 31% and 30% of the company, respectively.

CeNeRx BioPharma Inc., a Cary, N.C.-based developer of CNS drugs, has raised $4 million in Series C funding from return backers Aisling Capital, L Capital Partners and Pappas Ventures. It also secured a $5 million credit facility from MidCap Financial.

CeNeRx BioPharma Inc., a Cary, N.C.-based developer of CNS drugs, has raised $15 million in Series B funding. Return backers include Aisling Capital, L Capital Partners and Pappas Ventures.

Despite poor VC returns, limited partners are still interested in venture capital. They are just more selective about where they place their money.

Summary of tech companies and other startups in North America that raised venture financing in the past week

CeNeRx BioPharma Inc., a Cary, N.C.-based developer of CNS drugs, has raised $13 million in new Series C funding (including $3m in debt). Return backers include Aisling Capital, L Capital Partners and Pappas Ventures.

Random Ramblings

Random Ramblings

Are PE Firms Living Up To ILPA Principles?

Are PE Firms Living Up To ILPA Principles?