European Venture Capital Journal articles from November 2003

European Venture Capital Journal archives from November 2003

Italy's first mega fund on target.(Funds)
November 1, 2003... Clessidra Capital Partners, the buyout fund launched by former Morgan Stanley chief and Fininvest chief executive Claudio Sposito, has reached a first closing at 560m [euro]. If it reaches its final target of 1bn [euro], scheduled for spring...

BPEP breaks free.(News)(Baring Private Equity Partners)
November 1, 2003... Baring Private Equity Partners is the latest private equity team to break free from its parent. The management team is leading a buyout from ING group, which has decided to reduce its private equity exposure and focus on its core businesses....

Equitis: a taste for secondaries.(News)
November 1, 2003... Equitis, a pioneer in secondary fund management in France, has taken over the mandates of two French venture funds comprising a total of 19 companies for Equitis to monitor and manage. The mandate includes a French technology fund, which was...

Accession countries get mezz for energy.(Funds)(Environmental Investment Partners)
November 1, 2003... Polish-based Environmental Investment Partners has launched a mezzanine fund targeting renewable energy projects in the Central European Accession countries. The fund has a target of between ,40m [euro] and ,60m [euro] and is expected to close...

Blue Capital seeks cash for secondaries.(Funds)(Blue Capital Investments Inc.)(plans to raise 50m [euro] for Blue Capital Equity II)(Brief Article)
November 1, 2003... German fund manager Blue Capital, part of the HypoVereinsbank group, is set to launch its first secondaries fund this month. Principally targeting the under-served private investor market in Germany the firm hopes to raise 50m [euro] for Blue...

Danish construction fund launches.(Funds)(Dania Capital)
November 1, 2003... Dania Capital, a new DKK600m (80m [euro]) fund focused on investing in the building and construction industry in Denmark, has launched this month. The fund has a cornerstone investment from Fonden Realdania end is in talks with institutional...

ICG out for more cash.(Funds )(Intermediate Capital Group PLC fundraising )(Brief Article)
November 1, 2003... Mezzanine specialist Intermediate Capital Group (ICG) is hoping to raise 82m [pounds sterling] through a placing and open offer. In 1999 ICG raised 54.5m [pounds sterling] through a rights issue and since then its loan book has grown from 400m...

GE Corporate Financial Services acquires NMB Heller.(News)(purchase of NMB Heller UK from NMB Heller Holding)
November 1, 2003... GE Corporate Financial Services has purchased NMB Heller UK from NMB Heller Holding. The transaction will transfer 645m [pounds sterling] in assets to GE Corporate Financial Services' 5.5bn [pounds sterling] asset portfolio in Europe. Smart...

SEP reinforces London presence.(News)(Scottish Equity Partners)
November 1, 2003... Scottish Equity Partners (SEP) has come one step further with its ambitions for UK expansion. The firm has appointed 3i senior director Russ Cummings to help spearhead the growth of its business in London SEP's managing director Calum Paterson...

GorillaPark: fighting to stay afloat.(News)(Dutch business accelerator seeks protection from creditors)(Brief Article)
November 1, 2003... The last of a dying breed, business accelerator GorillaPark appears to be on its last legs. The group has sought the equivalent of Chapter 11 protection from its creditors in the Dutch courts to give it time to renegotiate its structure....

b-business partners quits Germany.(News)
November 1, 2003... Corporate-funded venture capital firm b-business partners has dosed its Munich office after a review of the group's operations in March this year. In so doing it joins the exodus of investors from the country. The firm is maintaining its...

Permira closes mega fund.(Funds)
November 1, 2003... Permira has closed the largest fund raising in Europe to date, and in just six months. Its latest offering Permira Europe III exceeded its original target of 4.5bn [euro] with total commitments, including those from Permira, reaching a record...

VC FoFs reaches second close.(Funds)(fund-of-funds)
November 1, 2003... International VC fund-of-funds manager Montagu Newhall Associates has reached a second close on its second venture capital fund-of-funds Montagu Newhall Global Partners II. At $31m it is well on the way to reaching its $50m target. The fund...

Final close for Euromezzanine 4.(Funds)(Brief Article)
November 1, 2003... Euromezzanine 4 has reached a final close at 427m [euro], exceeding its original target of 400m [euro] set at its launch in May 2002. The fund's main sponsors are BNP Paribas and Natexis Banques Populaires, also the main sponsors of...

EIF wins German mandate.(News)(European Investment Fund)
November 1, 2003... High tech venture capital funds investing in Germany will get an extra 500m [euro] over the next five years thanks to an agreement between the European Investment Fund (EIF) and the German Federal Ministry of Economics and Labour (BMWA). The...

Danish venture to attract attention.(News)(VaekstFonden and European Investment Fund alliance)(Brief Article)
November 1, 2003... VaekstFonden, formerly known as the Danish Growth Fund, has teamed up with the European Investment Fund (EIF) to boost venture capital investment in Denmark. It is hoped the partnership will raise Denmark's profile on an international...

Technology gets confidence boost.(News)
November 1, 2003... Large cross-border transactions and consolidation have marked an upturn in M&A activity in the technology sector during the first half of 2003, in turn sparking increased opportunities for private equity players, according to a report by...

New Israeli fund.(Funds)
November 1, 2003... While ether Israel-based funds are scaring back (see Jerusalem Global Ventures' story page 11). Trendlines, a marketing and business development consultancy, has just launched its debut fund into the market. The group hopes to raise $25m for...

Industri Kapital 2003 gets off the ground.(Funds)
November 1, 2003... Nordic buyout investor Industri Kapital has achieved a first close of 500m [euro] for its fifth fund. Launched last year the fund has faced tough fund raising conditions compounded by the loss of key Swedish executives Harald Mix, who left to...

Danske wraps up PEP II.(Funds)
November 1, 2003... Danske Private Equity has held a final closing for its second fund-of-funds, Danske Private Equity Partners II. The fund has raised 527m [euro], falling just short of its 600m [euro] target. Commitments to the second fund include 50 million...

Energy fund raises $81m.(Funds)
November 1, 2003... A Paris-based fund has raised $81 m to invest in the oil and gas sectors. A group of 15 investors have committed to the Societe Generale Asset Management/4D Global Energy Development Fund. The fund claims to be the first private equity fund...

Investor confidence up.(News)(private equity industry)
November 1, 2003... Almost half of the UK private equity industry has found the business climate favourable for investment over the last three months, according to the latest British Venture Capital Association (BVCA) Confidence and Attitudes Survey. This is a...

Lawyers' networking forum founded.(News)
November 1, 2003... In-house lawyers working within private equity houses have formed a forum for networking and know-how swapping. The group already has around 30 members and holds quarterly meetings to discuss matters of practice and legal updates. Claire...

Osborne Clarke closes Frankfurt office.(News)(British law firm team moves to Taylor Wessing's Frankfurt office)(Brief Article)
November 1, 2003... Another firm disenchanted by the German market, law firm Osborne Clarke has closed it office in Frankfurt. Osborne Clarke will continue to have a German presence from its Cologne base. The 10-strong Frankfurt team has migrated to Taylor...

JGV scales back further.(News)(Jerusalem Global Ventures)
November 1, 2003... Israeli VC firm Jerusalem Global Ventures (JGV) has been forced to reduce the size of two of its venture funds for the second time this year. The group, which manages three funds with an original combined target of $188m has reduced total...

More funds for mezz.(Funds)(Nordic Mezzanine)
November 1, 2003... Nordic Mezzanine has achieved a final close on its second fund at 240m [euro] exceeding its original fund raising target of 200m [euro]. The investor base consists of Nordic institutions mainly pension funds and life assurance companies. The...

Management fees: a fair deal?(News)
November 1, 2003... Management fees remain high despite a tough fund raising environment, according to research from global private equity specialist SCM Strategic Capital Management. The research, which is part of SCM's screening of new fund offerings to clients,...

Corporate venturing losing appeal.(News)
November 1, 2003... Corporate venturing in Europe continued to fall in 2002, down 38% to [euro] 337m from [euro] 544m in 2001, according to the European Venture Capital Association's Third Corporate Venturing European Activity Report 2002. The number of...

Another partnership for NVP.(News)(New Venture Partners)(Koninklijke Philips Electronics N.V.)
November 1, 2003... New Venture Partners (NVP), a partnership managing around $300m of funds on behalf of Coller Capital and other limited partners, has announced its third partnership with electronics group Royal Philips Electronics. The group has appointed...

Permira to set up Spanish base.(News)
November 1, 2003... Permira is to open a Spanish office in Madrid at the beginning of next year. Carlos Mallos, a former managing director of 3i in Barcelona, will head the Spanish business. He is currently based in Permira's London office. Permira is...

Food and drink: playing it safe.(News)
November 1, 2003... If you want steady growth and returns, the food and drink sector is the place to be, according to 3i's report 'Feeding Growth: The role of private equity in the food and drink industry.' The industry employs some 2.7m people in Europe and...

UK: the mid-market rules.(News)
November 1, 2003... The UK reigns supreme when it comes to mid-market transactions, according to research from the British Venture Capital Association and AltAssets. The report, 'Understanding the UK Mid-Market', which polls the views of the UK' leading...

Norwegian government quits direct VC.(Exits)
November 1, 2003... SND Invest, the Norwegian government's commercial venture capital arm, has been sold in a sizeable secondary transaction. Oslo-based technology investor Four Seasons Venture has raised a sole purpose fund, Four Seasons Venture IV, to acquire...

Warburg Pincus sells Jordan.(Exits)
November 1, 2003... Warburg Pincus has been relieved of its 49.9% stake in Formula 1 team Jordan Grand Prix by a consortium of anonymous Irish investors led by corporate finance and stockbroking group, Merrion Capital. The size of the deal has not been disclosed...

Bridgepoint on a roll.(Exits)
November 1, 2003... Bridgepoint has realised its second investment in a month with the sale of Artform International, a point-of-purchase display product manufacturer in a deal totalling 48m [pounds sterling]. This follows the 24.7m [pounds sterling] sale of...

Axovan sold for 39m [euro].(Exits)
November 1, 2003... Its venture capital backers have sold Axovan, the Swiss drug discovery company, to biopharmaceutical company Actelion in a deal initially worth CHF 60m (39m [euro]). The acquisition price could rise to CHF 252m, in line with product advances....

Deutsche Beteiligung divests Victorvox.(Exits)(Drillisch)
November 1, 2003... Deutsche Beteiligung and its co-investment fund DBAG III have sold holding in telecommunications company Victorvox to Drillisch for an undisclosed sum. The transaction is conditioning upon the approval of the German cartel office. Deutsche...

IP2IPO plans own IPO.(Exits)
November 1, 2003... UK intellectual property group IP2IPO, a subsidiary of Evolution Beeson Gregory, is preparing to float on London's Alternative Investment Market with an expected market capitalisation of 100m [pounds sterling] to 110m [pounds sterling] . The...

Ratos cuts losses on DataVis.(Exits)(CapMan Oy)
November 1, 2003... Listed Swedish private equity firm Ratos has sold DataVis to CapMan in a secondary buyout. The price paid by fellow Nordic investor for the 44% stake in the IT consultancy was not disclosed. Ratos originally invested around SEK 250m in...

Center Parcs eyeing exit opportunities.(Exits)
November 1, 2003... MidOcean Partners is planning an IPO for Centre Parcs UK, the last of the Centre Parcs businesses, which were sold earlier this year. MidOcean, the former DB Capital management team, sold Center Parcs Continental Europe to Pierre & Vacances...

3i sells stake in Zanini group.(Exits)(Grupo Zanini)
November 1, 2003... 3i has realised its investment in Spanish automobile part manufacturer Grupo Zanini. The Torras family has bought the firm's 11.5% stake for an undisclosed sum and now owns 100% of the company. 3i originally invested 2.4m [euro] in the group in...

3i sells ECM and Redbridge.(Exits)
November 1, 2003... 3i has sold two portfolio companies in secondary buyouts; French furnace manufacturer ECM has been acquired in a buy-in management buyout backed by Astorg Partners, and Bank of Scotland Corporate Banking has financed the secondary buyout of...

General Atlantic realises PIPE.(Exits)
November 1, 2003... General Atlantic Partners is exiting to its investment in IXOS Software, which was Germany's first PIPE (private investment in a public equity) deal. The investor is selling its 26% stake in the company to listed Canadian software company, Open...

ABN AMRO buys Global Garden Products.(Exits)
November 1, 2003... ABN AMRO Capital has emerged as the successful bidder in the auction of Global Garden Products (GGP), which is being acquired in a secondary buyout worth 555m [euro]. The deal provides an exit for investor UBS Private Equity, which built up the...

IPO on cards for ACG.(Exits)(initial public offering)(Advanced Composites Group)
November 1, 2003... Advanced Composites Group (ACG), an MTI portfolio company, has announced plans to float on the London Stock Exchange or its Alternative Investment Market later this year. This should value the company at up to 50m [pounds sterling]. ACG...

Secondary trading in leveraged loans is starting to reflect economic realities. Will primary pricing follow? Pricing in Europe's secondary leveraged loan market is finally starting to fluctuate in line with investor liquidity, credit risk and performance, as its institutional investor base grows and more banks adopt portfolio management strategies. In contrast pricing in the primary market remains illogically static.(Buyouts)
November 1, 2003... The growth in secondary trading has been one of the biggest developments in Europe's leveraged loan market in 2003. Bankers estimate leveraged loan trading has increased by up to 40% over last year's volumes of 5bn [euro], with 3.5bn [euro]...

Parques Reunidos: Spain's maiden PtP.(Buyouts)(public-to-private)
November 1, 2003... Parques Reunidos, the leisure park operator, is to become Spain's first public-to-private (PtP) transaction. Advent International has launched a tender offer to purchase the shares and convertible bonds of the company for around 170m [euro]....

FSA toughens delisting rules.(Buyouts)(Financial Services Authority)
November 1, 2003... The Financial Services Authority (FSA) has proposed a review of the listing rules in the UK to increase protection for minority shareholders. Current rules can force minority shareholders to accept offers that are unfairly priced or to hold...

LBO syndications arranged in October.(Buyouts)
November 1, 2003... Avio Target nation: Italy Date announced: 02/07/03 Deal type: Buyout Acquirer: The Carlyle Group & Finmeccanica Total value: 1.5bn [euro] Mandated arrangers: Citigroup, Lehman Brothers, Banca Intesa and Mediobanca...

Refinancings.(Buyouts)
November 1, 2003... Accantia Holdings Accantia Holdings' 144m [pounds sterling] leveraged recap facility has been put on hold following the company's sale of its Australian division. Mandated lead arranger Bank of Scotland reports that numbers are being...

Private equity-backed takeovers subject to EU competition law.(Buyouts)
November 1, 2003... Avio Private equity backer: Carlyle Business description: Aircraft manufacturer Deal value: 1.5bn [euro] Notified: 11/07/03 Provisional deadline: n/a Cleared: 06/10/03 The European Commission has authorised the...

Waterland appts.(People)(Waterland Private Equity Investments)
November 1, 2003... Bart Elema has joined Waterland Private Equity Investments as finance manager. Prior to joining Waterland he worked fur ATC Trustees in Amsterdam as senior manager and account manager. In these positions he was responsible for the...

Henderson strengthens team.(People)(Henderson Private Capital)
November 1, 2003... Henderson Private Capital, the private equity arm of Henderson Global Investors, has strengthened its European infrastructure capability with the appointment of Guy Pigache as partner in its infrastructure team. The team now has five investment...

Henderson wins award.(People)(Henderson Global Investors Ltd.)
November 1, 2003... Henderson Global Investors has recently won 'The Competition', which aimed to find a new blueprint for managing pension funds in a long term and socially responsible way. Henderson's approach to managing its 30bn [euro] fund includes a 10%...

SJ Berwin expands.(People)
November 1, 2003... SJ Berwin has appointed Simon Topping as a partner on the EU and Competition team based in Brussels. This is a further development in SJ Berwin's EU & Competition law network in key European jurisdictions. In addition to its team in London, SJ...

Bouissou joins Ventech.(People)(Philippe Bouissou has joined Ventech as a partner)(Brief Article)
November 1, 2003... Philippe Bouissou has joined Ventech as a partner. He boasts international software industry and venture capital expertise and will share the responsibility for software investments with Eric Huet. Bouissou joined Matra in 1989 to head up...

New chairman at WestLB.(People)(Thomas Fischer appointed to succeed Johannes Ringel as chairman of the managing board)(Brief Article)
November 1, 2003... WestLB has appointed Thomas Fischer to succeed Johannes Ringel as chairman of the managing board.

New faces at Sagitta.(People)(Piers Metcalfe has joined Sagitta as senior investment executive of managed portfolio services)(Christopher Hipsey has also joined Sagitta as an investment administrator)(Brief Article)
November 1, 2003... Piers Metcalfe has joined Sagitta as senior investment executive of managed portfolio services. He was previously head of research at Liability Solutions. From 1999 to 2001 he worked for TASS Investment Research where he specialised in hedge...

Merlin wins award.(People)(Merlin Biosciences has won the GP Capital Investor Allstars award for 'Venture Capital Fund of the Year')(Brief Article)
November 1, 2003... Merlin Biosciences has won the GP Capital Investor Allstars award for 'Venture Capital Fund of the Year.' The award was given to Merlin in recognition of its outstanding commitment in the life sciences sector across Europe. The criteria...

Beringea: VCT of the year.(People)(Beringea's ProVen Media VCT was named 'VCT of the Year' at the 2003 Investor Allstars awards)(Brief Article)
November 1, 2003... Beringea's ProVen Media VCT was named 'VCT of the Year' at the 2003 Investor Allstars awards. The Investor Allstars event highlighted those private equity funds that have had an exceptional year and the investment professionals who manage them....

Bridges Community wins.(People)(Bridges Community Ventures received the GP Capital Investors Allstars award for the 'New Venture Capital Fund of the Year')(Brief Article)
November 1, 2003... Bridges Community Ventures, the UK's first community development venture capital company, has received the GP Capital Investor Allstars award for the 'New Venture Capital Fund of the Year.' The firm was short-listed as one of six companies...

Corbett Keeling appts.(People)(John Herring, Jamie McGrigor and Robert Murphy appointed new associates)(Brief Article)
November 1, 2003... Corbett Keeling has appointed three new associates, John Herring, Jamie McGrigor and Robert Murphy. Herring has worked in corporate finance for the last 20 years. He was a corporate finance director at Dresdner Kleinwort Benson and, more...

PwC appts.(People)(PricewaterhouseCoopers has appointed Sir Malcolm Rifkind to its corporate finance advisory board)(Brief Article)
November 1, 2003... PricewaterhouseCoopers has appointed Sir Malcolm Rifkind to its corporate finance advisory board. His role will include advice on the ongoing development of Public Private Partnership (PPP) programmes across Europe, on privatisation proposals,...

Cohen steps down.(People)(Martin Halusa has been elected chief executive of Apax Partners; Sir Ronald Cohen will become executive chairman )(Brief Article)
November 1, 2003... Martin Halusa has been elected chief executive of Apax Partners with effect from January 1, 2004. Sir Ronald Cohen will become executive chairman on that date. Halusa joined Apax Partners in 1990 and has led the Munich office since then....

RBS hires Weaver.(People)(RBS UK and Europe loan syndications has hired Christoph Weaver)(Brief Article)
November 1, 2003... RBS UK and Europe loan syndications has hired Christoph Weaver. Weaver moves from HVB group, where he focussed on corporate lending. At RBS he will be based in London, but will work on German Man origination. RBS syndications has been...

Digital Networks appt.(People)(Digital Networks Global Ventures Ltd. has appointed Patrick Kremer as an executive in residence)(Brief Article)
November 1, 2003... Digital Networks Global Ventures has appointed Patrick Kremer as an executive in residence. Kremer joins the firm with 20 years' management, business development and marketing experience in the information services and software industries...

Osborne Clarke team moves.(People)(has migrated to Taylor Wessing's Frankfurt office)(Brief Article)
November 1, 2003... Law firm Osborne Clarke has closed it office in Frankfurt, although it will continue to have a German presence in Cologne. The 10-strong Frankfurt team has migrated to Taylor Wessing's Frankfurt office. The team includes Dr Stefan Bauer; Jorg...

CSFB's McCarthy to SCM.(People)(Former Credit Suisse First Boston investment controller Marc McCarthy has been appointed as an analyst in the private equity division of Strategic Capital Management (SCM))(Brief Article)
November 1, 2003... Former Credit Suisse First Boston investment controller Marc McCarthy has been appointed as an analyst in the private equity division of Strategic Capital Management (SCM). He is responsible fur the day-to-day investment monitoring of the...

SEP reinforces London presence.(People)(Scottish Equity Partners)
November 1, 2003... Scottish Equity Partners (SEP) has come one step further with its ambitions for UK expansion. The firm has appointed 3i senior director Russ Cummings to help spearhead the growth of its business in London. SEP's managing director Calum Paterson...

Galileo hires.(People)(Regis Saleur has joined Galileo Partners to help fund new projects and monitor portfolio companies)(Brief Article)
November 1, 2003... Regis Saleur has joined Galileo Partners to help fund new projects and monitor portfolio companies. Previously cofounder and chief executive officer of venture capital firm SEEFT Ventures, he brings five years' experience of investing in high...

Mackenzie to PAI.(People)(Hamish Mackenzie will be in charge of the firm's activities in the UK)(Brief Article)
November 1, 2003... Hamish Mackenzie has joined PAI Partners where he will be in charge of the firm's activities in the UK. He has worked in the private equity industry for 13 years, initially with the Royal Bank of Scotland for seven years and six years as a...

Italy: funds up, investments down.(Data Room)
November 1, 2003... Italian investments were down in the first half of 2003 with 591m [euro] invested in 148 deals, a drop of 45% compared to the same period the previous year. The drop is mainly due to Italian firms looking outside their home turf for...

Fund raising levels low.(Data Room)
November 1, 2003... Private equity fund raising in Europe and North America saw a modest increase in Q3, but still looks set to fall short of the levels recorded in 2002, according to provisional figures from private equity research firm AltAssets. Third...

IPO revival?(Data Room)(initial public offerings)
November 1, 2003... PricewaterhouseCoopers quarterly IPO Watch Europe reports a continuing recovery of the European IPO market. It reports 33 IPOs on Europe's exchanges during Q3 2003, a 43% rise compared to Q2. Total offering value also increased from 1.565bn...

Israel: a slow recovery.(Data Room)
November 1, 2003... Investments in Israeli high tech companies were up a modest 4% from $271m raised in Q2 to $283m in Q3, according to a survey by the IVC Research Center in collaboration with the Israel Venture Association. During the first three quarters of...

AFIC's half year figures show increased investment.(Data Room)
November 1, 2003... AFIC reports that the value of private equity activity in France in the first half of 2003 has increased by 16% compared to the same period last year, while across Europe as a whole activity has decreased by 8% in the same period. On a...

Global investment increases.(Data Room)
November 1, 2003... Global private equity investment in the first half of this year indicates 2003 could see the first full year increase in two years. According to the Global Private Equity research report, produced by 3i and PricewaterhouseCoopers, $57bn was...

French insolvency: changes being proposed to French insolvency law could make it a more attractive place to invest. While private equity investors are unlikely to make investment decisions on the basis of a domicile's insolvency regime, rightly hoping never to have to go there, the impact of creditors' standing will impact on banks' willingness to lend. This in turn could affect the leverage available to buyouts.(LP Corner)
November 1, 2003... France has long been considered a nightmare jurisdiction in which to go through insolvency. The process, instituted in 1985, is bound up in the French legal system and invites very little, if any, participation from creditors. Banks can even be...

Jersey fund businesses to benefit from reforms: final details of long-awaited fund regulation reforms are expected shortly from the Jersey Financial Services Commission. Expectations are high, as the changes should boost the jurisdiction's competitiveness in the private equity fund administration market.(Legal and Regulatory Exchange)
November 1, 2003... Proposed changes to Jersey's fund policy are designed to recognise the differences in regulating funds aimed at retail investors and those that target a more sophisticated investor group, such as limited partners in private equity funds. The...

Insurance for private equity.(Insurance)
November 1, 2003... Insurance offerings to the private equity community have stepped up a gear over the last two or three years. Alongside the long-used professional indemnity and directors & officers' insurance offerings, warranty & indemnity insurance is now a...

Biotech: a new horizon?(Biotech/life sciences)
November 1, 2003... There is a buzz about the European biotech market, albeit a relatively cautious one, which is not surprising given the difficult times from which the industry is hopeful that it is now beginning to emerge. All eyes are on the US market where...

Seeking buyers: October.
November 1, 2003... Seeking buyers includes listings of all European companies that have announced plans since October 1, 2003 until October 29, 2003 to sell divisions, stakes or their entire company. It also includes purported sales efforts that have appeared in...

Calendar.(Seeking buyers)(Calendar)
November 1, 2003... Calendar 9 November Go4Europe. Hilton Tel Aviv. Israel. Contact: Modi Ashkenazy +972 3 6950666 19-20 November GAIM Fund of Funds. Geneva. Contact: Asa Karlsson, ICBI ...

Announced deals: October.
November 1, 2003... Announced deals includes listings of private equity and venture capital transactions involving European targets that were announced from October 1, 2003 to October 24, 2003. The listings are ordered by target nation, and alphabetically within...