The new venture fund, which will focus on IT investments, comes online at a time when established firms crank out their follow-on funds.
Following news that Ned Gilhuly is to return to KKR’s Menlo Park office, Johannes Huth has been named head of the firm’s London office.
The New York middle-market firm has announced the sale of Floral Plant Growers to Blue Point Capital.
Despite industry-wide lighter venture capital fundraisings, the Washington-State-based firm closes its largest fund to date while simultaneously naming two new partners.
Bain Capital Ventures’ second fund follows its 2001 same-sized vehicle, which is close to being fully invested.
Proof of a still burgeoning secondaries market comes with Greenpark Capital’s announcement of the final close of its €350m second fund.
The Swedish private equity firm has announced the first and final close of its third mid-market fund dedicated to the Nordic region.
The San Francisco-based mid-market buyout shop closes its largest fund yet, which will focus on life sciences, business services and industrial technologies.
BS Private Equity, the Italian mid-market private equity firm, has completed the seventh and eighth investments from its Italian Private Equity Fund IV (IPEF IV), which closed in July 2003 on €550m.
The Wellesley, Massachusetts-based venture capital firm’s new $450m vehicle will look to continue IT investments and expand into China and India.
San Jose, California venture debt lender Western Technology Investment has launched its 11th fund, with the vehicle’s lower size echoing the state of the venture equity markets.
The Rhode Island-based buyout group’s fifth fund, which attracted almost $9 billion in potential LP commitments, will continue to invest in media and communications companies.
The San Francisco venture investor’s sixth fund will focus on both high technology and life sciences investments.
The emerging markets specialist has taken an 80 percent stake in Banque Commerciale du Rwanda in a transaction valued at $6m.
Fortress Investment, the global private investment house, has agreed to take private Greek oil shipping company Stelmar Shipping.