UK-based BioScience Managers has joined forces with Imperial College London to raise £50m venture capital fund for early-stage medical and life science companies predominantly in the UK.
KKR has appointed former Carlyle MD Jacques Garaïlde to lead the firm’s operations in the French market.
Blackstone has appointed Vestar Capital founding partner Prakash Melwani as a senior partner.
Over nine out of every ten euros invested in European biotechnology companies in 2002 came from venture capitalists, often injecting more capital into later stage portfolio companies.
ABN Amro Capital has agreed to pay £38m for motorcycle clothing business Frank Thomas in a secondary buyout from Barclays Private Equity.
Drawing on advice from Capital Dynamics and Morgan Stanley, AIG has placed $250m in triple-A rated bonds backed by private equity fund investments as part of a $1bn securitisation.
Trinity backs E11.5m AePONA round; German VCs buy into semiconductor business; Viventures in broadband access investment; DVC backs Epigenomics third round; Nordic firms back Bone Support
After months of negotiations, the Bulgarian government has walked away from plans to sell a 65 per cent stake in telecommunications group BTC to Advent International.
The Polish private equity firm has paid $13.6m for a minority stake in LPP, Poland’s biggest fashion retailer.
LBO France and CDC Ixis Equity Capital have both confirmed their interest in UGC, the European cinema chain valued by parent Vivendi Universal at E550m.