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Equitis to manage French fundsThe secondary fund manager has been chosen to manage two venture funds comprising investments in the technology and healthcare sectors.
- Ergo to take over IMH fund management
The private equity division of Ergo Insurance Group has taken over the management of three venture funds from IMH Venture, after the firm failed to secure sufficient new capital from investors.
- Nova Capital hires portfolio director
Former Texaco divisional MD Andrew Paszkowski has joined the UK-based private equity portfolio management firm to manage its Lica Development Capital portfolio.
- Looking for new life in old portfolios
The former top management of Granville Baird want Nova Capital Management to help rejuvenate private equity portfolios by breathing new life into underperforming portfolio companies.