Peakdale Molecular has received £1.8m from two VCTs to extent its chemistry research effort.
Dresdner Kleinwort Capital has set up a buyout networking group for entrepreneurs in Poland.
Teather & Greenwood is looking to raise a £20m venture capital trust that will invest in AIM-focused companies.
Wizard Partners has appointed Francesco Noseda as managing partner to head up a team of four in its recently established Paris office.
Belgium software house secures E6m.
There may have been few surprises in Gordon Brown’s pre-budget yesterday, but UK private equity practitioners welcomed the chancellor’s proposals.
Prelude Trust saw six per cent fall from its value for the six months ended 30 September 2001. The company’s net asset value was £63.6m compared with £67.7m.
The firm has taken on board two new recruits and made several promotions across the UK.
The average capital commitment made to Israeli companies in the third quarter 2001 rose by 24 per cent from the previous period, meaning the region enjoyed investment levels similar to 1999.
The venture capitalist based in Munich has taken a 45 per cent stake in fellow German VC Kimon in return for rolling its 11 biotechnology, medical technology and health care investments into Kimon’s portfolio.