Doughty Hanson's real estate arm has sold one of its largest investments to German fund DEGI in a deal worth more than E200m.
Intermediate Capital Group has reported a 23 per cent increase in interim pre-tax profits and has also held a first close for its sixth fund.
With all too many aggrieved parties crying 'foul' as they look to apportion blame as well as salvage some of their cash from venture-backed companies that have fallen heavily to earth, the role and responsibilities of venture capitalists who sat on the boards of these portfolio companies is receiving close scrutiny. Joe Bartlett, of counsel at Fish & Richardson, takes a closer look at what this all means.
European mezzanine investment in the first half of 2003 more than doubled to E3bn compared with E1.3bn in the same period in 2002, according to a new report.
The European Investment Fund has won its first third party mandate to manage a E500m facility from the German government which will invest in German high-tech venture capital funds.
Direct corporate venture investment in Europe has fallen by a further 38 per cent in 2002 according to the latest report from EVCA.
Danske Private Equity has closed its second fund of funds on E527m, short of its original E600m target.
The UK smaller mid-market firm has hired Paul Franks as an investment director and made a series of promotions in its UK offices.
The buyout firm has sold the fastener supply business to US group Anixter International for £24.7m.
The UK-based private equity firm has made the first investment from its Eurofund Four buyout fund, acquiring the Dutch drinks group Refresco in a deal valued at E240m.