Middle East

Shorthouse to raise mid-market fund

Dominic Shorthouse, the former Warburg Pincus dealmaker, has launched a E450m mid-market buyout fund.

Q1 Israeli VC investment falls

PWC has published its Q1 report on Israeli VC deals showing a 27 per cent drop in deal value in the troubled region.

Deal round-up 20/03/02

Elron leads $30m Galil investment; 3i signs £4m technology deal; 2M completes SimCorp partial exit

LSP opens Munich office

Life Science Partners has appointed Joachim Rothe to co-head the firm’s new German offices in Munich.

DB Capital commits $15m to PowerDsine

Deutsche Bank’s venture capital arm has led the latest investment round in the Israel-based company.

Gilde hires former Kappa IT MD

Alexander Lewald has been made a partner and director of the Gilde IT Fund.

Deal Round-up 01/02/02

Mortal Mans Inn takes cash injection for pub purchase; VCs invest in US wireless multimedia firm; $4.25m injection for Digital Fuel Technologies.

First local Turkish fund closes

Turkven, an affiliate of Advent International, has closed on $41m and will invest in Turkish growth opportunities alongside Advent’s Central and Eastern European team.

Deal round-up 25/02/02

Nexit Ventures invests in Conformiq; Israeli VCs back Ceramic Technologies

VC investment in Israel falls by 63 per cent

The bubble has burst on ten years of venture capital growth in Israel.