European Venture Capital Journal articles from October 2002

European Venture Capital Journal archives from October 2002

First close for Leman Capital. (Funds).(BVP Europe II fund )(Brief Article)
October 1, 2002... Leman Capital has reached the first close of its second buyout fund, BVP Europe II at [euro]150 million. The team hopes to achieve a final target of between [euro]400 million and [euro]500 million. The fund has attracted commitments from...

Deutsche Bank to reduce PE holdings. (News).(seeking buyers for DB Capital)
October 1, 2002... Deutsche Bank is seeking buyers for part of its private equity arm, DB Capital. DB Capital, which has around [euro]6 billion under management, is understood to be looking for potential buyers for its direct investments, which have a book value...

Gresham gains independence. (News).(Is spinning out of Zurich Financial Services Group)
October 1, 2002... Gresham, the UK mid-market specialist, is the latest private equity entity to break free from its parent to become independent. The group is spinning out of Zurich Financial Services Group, which has facilitated the spinout as the new entity's...

NeSBIC reduces Internet fund. (Funds).(Converging Technologies & e-Commerce Fund size reduction proposed)(Brief Article)
October 1, 2002... NeSBIC, the Dutch private equity firm, has made a proposal to reduce the size of its Converging Technologies & e-Commerce Fund (NeSBIC CTe Fund), which it launched during the Internet boom of 2000. The fund will not be making any new...

Merlin's third fund on track. (Funds).(Merlin Biosciences Fund III)(Brief Article)
October 1, 2002... Merlin Biosciences has reached a first close on its third fund, Merlin Biosciences Fund III at [euro]93 million and has since received additional firm commitments bringing the total to date in excess of [euro]125 million. The Merlin team began...

Greenhouse Ventures unveils maiden fund. (News).(Brief Article)
October 1, 2002... Corporate venturing specialist Greenhouse Ventures is raising a [pounds sterling]50 million venture capital fund through its sister company DSG Venture Consulting Limited. The fund will invest in corporate spinouts and is currently seeking FSA...

Access closes second FoF. (Funds).(Access Capital Partners fund of funds)
October 1, 2002... Paris-based fund-of-funds manager Access Capital Partners has closed its second generation fund at [euro]277 million. The fund was launched last year and held its first closing at [euro]200 million. The fund is split into two compartments,...

Busy September for Catalyst. (News).(Catalyst Fund Management & Research )
October 1, 2002... In September Catalyst Fund Management & Research celebrated its fifth birthday, launched its second financial services fund and was joined by Tim Farazmand and Stewart Binnie. Farazmand was a key member of Royal Bank Private Equity's team,...

HealthCap closes fourth fund. (Funds).(Brief Article)
October 1, 2002... Swedish life science specialist HealthCap has announced a final closing of HealthCap IV at SEK3 billion. The fund was launched this summer and will focus on investments in the medical sector in the Nordic region, Western Europe and the US. Over...

PE brings economic and social benefits. (News).(Private equity)
October 1, 2002... Private equity and venture capital has a mainstream function as a force which will continue to bring economic and social benefits, says Max Burger-Calderon, newly-elected chairman of the European Private Equity and Venture Capital Association...

CapMan going pan-Nordic. (News).(restructures its business activities to emphasise its pan-Nordic focus)
October 1, 2002... Finnish buyout specialist CapMan has restructured its business activities to emphasise its pan-Nordic focus. The acquisition of Nordic Private Equity in Denmark in 2001 and Swedestart Management in Sweden in February 2002 was the catalyst for...

ESP II reaches first close. (Funds).(Standard Life Investments European Strategic Partners II fund)
October 1, 2002... Standard Life Investments has achieved a first close on its latest fund-of-funds offering, European Strategic Partners II (ESP II) at [euro]639 million, exceeding its first close target of [euro]600 million. Standard Life hopes to achieve...

Finvest acquires Sampo PE portfolio. (News).(Will rename merged entity Amanda Capital)
October 1, 2002... Finvest, Scandinavia's only listed private equity fund-of-funds, is to acquire SAMPO's private equity interests and will rename the merged entity Amanda Capital. The new entity will have over 6800 million private equity assets under management....

Lloyds TSB Development Capital becomes LDC. (News).(changes name)(Brief Article)
October 1, 2002... Lloyds TSB Development Capital, the venture capital arm of the UK bank, has abbreviated its name to LDC. Michael Joseph, managing director of the company, said: "We are already widely known as LDC. The new brand clearly articulates our...

3i bond deferred & Euro Fund 4 on track. (Funds).
October 1, 2002... 3i has postponed its planned 3i issue [pounds sterling]300 million of perpetual preferred securities due to unfavourable market conditions. The firm is concentrating on fund raising for its most recent mid-market offering, Euro Fund 4. ...

Israeli VC investment falls in Q2. (News).(venture capital)
October 1, 2002... Investment in Israeli high tech companies continued to fall in the second half of the year with 105 Israeli venture capital funds committing a total of S265 million, according to the Israel Venture Capital Research Center. This represents a 43...

NewMedia SPARK in takeover talks. (News).
October 1, 2002... After a tough a year and significant portfolio write-downs, listed technology investor NewMedia SPARK is reviewing its future with talks of a possible takeover. Quoted stockbroker Collins Stewart is rumoured to be in the running although both...

Interregnum struggles with fund raising. (Funds).(Brief Article)
October 1, 2002... Listed IT investment and advisory firm Interregnum is battling on with fund raising for its most recent offering. The fund raising was announced in summer 2000 with a target of [pounds sterling]75 million and has yet to see a final close. ...

Changes at CDC. (News).(CDC Capital Partners)
October 1, 2002... Changes are underway at CDC Capital Partners, the government investment agency for developing countries. The agency is currently looking for someone to fill its top slot, which due to be vacated by Alan Gillespie in November. According to a...

EIF brings Pentech Ventures to target. (Funds).(European Investment Fund)
October 1, 2002... Pentech Ventures, the Glasgow-based early stage fund focused on software investments in the UK has closed above target at [pounds sterling]22.5 million, following a final commitment from the European Investment Fund of over [pounds sterling]5...

Biotech survives market uncertainty. (News).(European biotechnology finance)
October 1, 2002... Health and life science sectors are showing signs of robust growth, according to Deloitte and Touche's pan-European mediscience review. The report, titled Surviving Uncertainty, says venture capital backing for the sector remains strong with...

Library House launches. (News).(Researches technology companies)
October 1, 2002... September 17 saw the launch of Library House, the Cambridge-based research facility targeting the technology and VC community founded by Doug Richard. As well as being chairman of Library House, Richard is chairman of Designer Servers in...

Siparex acquires Sud-Partners. (News).(Brief Article)
October 1, 2002... Sigefi Ventures Gestion, the management company of French investor Siparex, has acquired the Lyon-based venture capital firm Sud-Partners. The Siparex group now holds a 52 per cent majority stake in the firm, which manages the Sudinnova...

Rodania finds Spanish niche. (News).(gaining finance for new wireless fund)
October 1, 2002... Wireless is the focus of the new fund from Spanish VC, Rodania. The firm is hoping to raise [euro]45 million and has already secured [euro]15 million from the European Investment Fund with a final close scheduled for December. "We have...

Neuer Markt to close. (News).
October 1, 2002... Germany's Neuer Markt that came to symbolise the excitement during the boom of the late 1990s and was often referred to as Europe's Nasdaq, is to close. The Neuer Markt, the German Borse's market for high growth dynamic group companies, opened...

Spain has the deals for BoS. (News).(Bank of Scotaland enters Spanish acquisition finance market)
October 1, 2002... Scottish banks are set to take the helm of acquisition finance in the Spanish market. Traditionally dominated by French banks such as SocGen and BNP Paribas, the most recent entrant to the Spanish private equity market is Bank of Scotland,...

Enterprise Ireland reports progress. (News).(investment figures for 2001)
October 1, 2002... Enterprise Ireland, the trade and technology body set up by the Irish government to establish VC funds, has released its investment figures for 2001. In the final year of the five-year programme, [euro]28.5 million was invested in 51 companies....

Spanish activity update. (News).(Royal Bank of Scotland, private banking)
October 1, 2002... Former SocGen director Beltran Paredes heads the Royal Bank of Scotland's Spanish division, which set up in Madrid last year. The main reason for RBS setting up in Spain is that private equity houses have a pan European culture and the bank was...

Record business angel investments. (News).(UK business investments)
October 1, 2002... Investment by UK business angels reached a record level of [pounds sterling]30 million last year, according to research published by the National Business Angels Network (NBAN). Bernard Hallewell, managing director of NBAN, said: "Angel...

Kennet sells Monis Software. (Exits).(Kennet Venture Partners)(Brief Article)
October 1, 2002... Kennet Venture Partners has exited its investment in MONIS SOFTWARE, a financial analytics software business. Monis has been acquired by SunGard Trading and Rick Systems, an operating group of SunGard. Financial details of the transaction were...

RBDC realises stake in Geoquip. (Exits).(Royal Bank Development Capital sells stake in Geoquip Holdings)
October 1, 2002... Royal Bank Development Capital (RBDC) has sold its stake in specialist security company, Geoquip Holdings to buildings material group, CRH. The 1999 management buy-in/buyout of the group was backed by a [pounds sterling]1 million investment by...

BioTissue Technologies buys Cell-Lining. (Exits).(Brief Article)
October 1, 2002... BIO TISSUE TECHNOLOGIES has acquired a majority stake in CELL-LINING. BioTissue is exercising an option, concluded in June 2001, to purchase 51 per cent of the company from shareholders including Berlin-based venture capital fund, IBB...

Allianz doubles money on Schmalbach-Lubeca. (Exits).(Allianz Capital Partners and E.ON agree to sell remaining stake in Schmalbach-Lubeca to Ball Corp)
October 1, 2002... Allianz Capital Partners and E.ON have agreed to sell their remaining stake in Schmalbach-Lubeca, after making a partial exit earlier this year. Subject to regulatory approval, the drinks can manufacturer has been acquired for around 61.2...

Segulah sells Modul-System. (Exits).(Industrial group Carl Bennet is the buyer)
October 1, 2002... Swedish turnaround specialist Segulah has realised its investment in Modul-System for an undisclosed sum. The company, which manufactures vehicle racking systems for service vans, has been sold to the industrial group, Carl Bennet. Modul-System...

Vista Capital exits courier service. (Exits).(sells stake in Servipack to Correos)(Brief Article)
October 1, 2002... Vista Capital, the Spanish investment group run by Banco Santander Central Hispano and Royal Bank of Scotland, has sold its stake in Servipack, a provider of express delivery services. Correos, the Spanish post office, has bought Vista...

Apax writes off Bundesdruckerei. (Exits).(Apax Partners)
October 1, 2002... Apax Partners has written off its investment in Bundesdruckerei, the security printing company that was previously owned by the German State. Apax Partners acquired the company for DM2 billion ([euro]l.02 billion) after a fiercely-contested...

Fovling Mobelfabrik exit creates new company. (Exits).(Axcel realizes investment in Fovling Mobelfabrik by merging it)(Brief Article)
October 1, 2002... Danish investment company Axcel has realised its investment in furniture manufacturer Fovling Mobelfabrik, part of which was sold in 2000, by merging it with former competitor Harry Iversen Mobler. The new group will be known as Astralis (Latin...

Hermes to sell EFM stake? (Exits).(May sell 29.3% shareholding in Edinburgh Fund Managers)
October 1, 2002... Hermes is considering the sale of its 29.3 per cent shareholding in Edinburgh Fund Managers. The decision follows the resignation of Hermes chief executive officer, Tony Watson from the board of Edinburgh Fund Managers. A statement from the...

Invicta exit for Electra. (Exits).(Duke Street Capital's purchase of Invicta Leisure gives Electra Investment Trust and RIT Capital Partners exit)
October 1, 2002... Duke Street Capital's acquisition of Invicta Leisure has provided Electra Investment Trust and RIT Capital Partners with an exit. Esporta Group, the vehicle Duke Street Capital setup for the recent public-to-private of Esporta, has bought the...

Barclay PE's Momentum gain. (Exits).(Barclays Private Equity sells stake in Momentum Financial Services Financial Advisers to Aegon UK plc)
October 1, 2002... Barclays Private Equity has sold its stake in Momentum Financial Services, a firm of Independent Financial Advisers, to Aegon UK plc. The company was formed two years ago through the buyout of Aon Consulting Financial Services, in which...

3i sells stake in Sintax Logistica. (Exits).(Dragados has acquired 70% )
October 1, 2002... 3i has sold its 51 per cent stake in Spanish vehicle transportation company Sintax Logistica for an undisclosed amount. Spanish construction company Dragados has acquired 70 per cent of the company and plans to acquire the remaining 30 per...

ABN AMRO Capital snaps up Jessops. (Exits).(Bridgepoint Capital makes secondary buyout)
October 1, 2002... Bridgepoint Capital has completed its tenth exit this year with the secondary buyout of JESSOPS by ABN AMRO CAPITAL. The acquisition values the UK-based chain of photographic shops at [pounds sterling]116 million. Raoul Hughes, a director of...

NBGI takes on Mountain Warehouse. (Exits).(NBGI Private Equity buys 21 Invest's stake in Mountain Warehouse)
October 1, 2002... NBGI Private Equity has acquired 21 Invest's stake in MOUNTAIN WAREHOUSE. Mark Neale, who founded the outdoor clothing arid equipment retailer in 1997 and is managing director, is rolling most of his proceeds from the original investment into...

Telecoms: still suffering from sector blues? (Buyouts).(private equity investment in telecommunications industry)
October 1, 2002... Once the darling sector of the investment and banking community, telecoms' fall from grace has been a precipitous one. With the WorldCom bankruptcy this summer and ensuing stock market instability the sector has reached new lows. Divestment...

Making a break for it. (Buyouts).(private equity houses becoming independent)
October 1, 2002... Captive or semi-captive private equity houses continue the march to independence. September brings news that Gresham is the latest firm to break free of its parent, in this case Zurich Financial Services (see NEWS this issue). Last month HSBC...

Asset disposals to boost PE activity. (Buyouts).(private equity)
October 1, 2002... Disposals of non-core subsidiaries from large corporates will provide the biggest source of opportunities for private equity investors, according to the latest private equity confidence survey from Deloitte & Touche. Deal volume is...

LBO pricing in September. (Buyouts).
October 1, 2002... Brake Bros The [pounds sterling]295 million loan backing the buyout of Brake Brothers by US firm Clayton, Dubilier & Rice has attracted eight banks and several funds at the oversubscribed senior stage. The facility comprises a [pounds...

PE backed takeovers subject to EU Competition law. (Buyouts).
October 1, 2002... Haarman & Reimer/Dragoco EQT Partners has been cleared to acquire two German-based flavour and fragrances manufacturers, Haarman & Reimer (H&R) and Dragoco Gerberding from the German Bayer Group. EQT Partners will control the whole of...

Dalli joins Sovereign Capital. (People).(Dominic Dalli is an assistant director now)(Brief Article)
October 1, 2002... Sovereign Capital, the UK mid-market private equity firm, has appointed Dominic Dalli as an assistant director. Dalli has spent the last three years with Deloitte & Touche Corporate Finance in London where he was responsible for developing the...

Paterson to Grant Thornton. (People).(Brief Article)
October 1, 2002... Grant Thornton has appointed Ian Paterson as partner within its transaction support team. Joining the firm from Arthur Andersen, Paterson's new role will focus on mid-market transactions for private equity and corporate clients. Prior to...

Farazmand to Catalyst. (People).(Tim Farazmand changes jobs)(Brief Article)
October 1, 2002... Tim Farazmand has left Royal Bank Private Equity to join Catalyst Fund Management & Research, which has just started fund raising for its second fund aimed at investing in the financial services sector. See NEWS this issue.

Thiery joins Allianz PE. (People).(Brief Article)
October 1, 2002... Marc Thiery has joined Allianz Private Equity Partners in Munich as managing director. Allianz Private Equity Partners is the global 'indirect' private equity and direct co-investment activity of Allianz AG, one of the world's largest insurance...

Anthony to Ariadne Capital. (People).(Lionel Anthony joins board of directors )(Brief Article)
October 1, 2002... Lionel Anthony has joined the board of directors of Ariadne Capital. Anthony is a founder of the forerunner to Cinven and Causeway Capital (sold to AEN AMRO in 1996) and past British Venture Capital Association chairman. Today he is a director...

CDC IXIS expands. (People).(Brief Article)
October 1, 2002... Antonio Graca and Fabrice Georget are joining CDC IXIS Equity Capital as investment directors. Sophie Teissedre becomes company secretary. Graca (31) is a graduate of ESSEC and holds a DECF accounting and finance diploma. He joined Arthur...

Granville Baird appts. (People).(appointments made at Granville Baird Capital Partners)(Brief Article)
October 1, 2002... Simon Havers and James Benfield join Granville Baird Capital Partners as director and investment manager, respectively. Havers joins from ABN AMRO Capital to lead investments in the business services and technology sectors. Havers rejoins...

Investcorp appts. (People).(Advisory directors appointed are Dana Snyder and Robert Geckle)(Brief Article)
October 1, 2002... Investcorp has appointed Robert Geckle and Dana Snyder as advisory directors. Geckle is the former group president of Textron Inc and Snyder is the former president and COO of Ply Gem Industries Inc. Geckle and Snyder are the first advisory...

Stefanou to Inflexion. (People).(advisory panel appointment made -- Stelio Stefanou)(Brief Article)
October 1, 2002... Inflexion Private Equity has appointed Stelio Stefanou to its advisory panel. Stefanou is the CEO of Accord plc, a leading UK provider of services to the public, private and not-for-profit sectors. Inflexion Private Equity's advisory panel...

Evans to Benchmark. (People).(Mark Evans now general partner in European office of Benchmark Capital)(Brief Article)
October 1, 2002... Mark Evans has joined Benchmark Capital as a general partner in its European office in London. Prior to joining Benchmark Evans was CEO of a Benchmark portfolio company, BridgeSpan, a software and services provider to financial...

More Probitas hires. (People).(Kelly DePonte, Reidan Cruz)(Brief Article)
October 1, 2002... Kelly DePonte and Reidan Cruz have joined Probitas Partners, the San Francisco-New York and soon-to-be London-based placement advisory firm. DePonte was formerly COO and MD at Pacific Corporate Group where he oversaw the investment program...

Rambaud to Siparex. (People).(Bertrand Rambaud, Sigefi)(Brief Article)
October 1, 2002... Bertrand Rambaud has joined Sigefi, the managing company of the Siparex Group, as managing director and a member of the board of directors of Sigefi Partners. Rambaud previously spent five years within the Siparex Group as an associate and...

AMJPE VC of Year. (People).(Aberdeen Murry Johnstone Private Equity, venture capital firm of the year)(Brief Article)
October 1, 2002... Aberdeen Murray Johnstone Private Equity has been named venture capital firm of the year in the Midlands, UK. In addition, Harry Jeavons-Fellows, who has been head of the firm's Birmingham office for four years, was named venture capitalist of...

Grunewald to McInnes. (People).(Sarah Grunewald, McInnesCorporateFinance)(Brief Article)
October 1, 2002... Sarah Grunewald has joined McInnesCorporateFinance (MCF) as a non-executive chairwoman. She was formerly with Arthur Andersen. Grunewald, who has nearly 20 years experience in corporate finance, said: "Over the past couple of years I have...

Shearman & Sterling appts. (People).(Barney Reynolds, Tom Price)(Brief Article)
October 1, 2002... Barney Reynolds, financial services expert, and fund management and private equity transactional lawyer Tom Price have joined Shearman & Sterling as counsel and senior associate, respectively. Reynolds advises on a range of legal and...

Commerzbank hires Johnson. (People).(Michael Johnson)(Brief Article)
October 1, 2002... Michael Johnson has joined Commerzbank's newly-formed Financial Sponsors Group, known as Commerzbank Securities (ComSec). Johnson joins ComSec from Nomura Principal Finance Group where he was transaction director responsible for originating and...

SLIPE boosts team. (People).(Standard Life Investments)(Brief Article)
October 1, 2002... In anticipation of an increased workload with its second fund-of-funds -- see evcj fund news this issue -- Standard Life Investments has strengthened its private equity team with the appointments of Craig Williamson, Roland Brinkman and Roger...

Adveq moves. (People).(new location)(Brief Article)
October 1, 2002... Adveq is moving to larger offices. The new address, effective October 7, 2002, is: Adveq Management AG, Affolternstrasse 56, CH-8050, Zurich. Tel: +41 4 3288 3200 Fax: +41 4 3288 3210

New faces at 3i. (People).(Chris Rowlands, Paul Waller)(Brief Article)
October 1, 2002... Chris Rowlands is joining 3i as a member of the executive committee with responsibility for the UK network outside of London, as well as 3i's business in Germany, Switzerland, Austria and the Nordic region. Rowlands will also be responsible for...

Grant Thornton appts. (People).(Brief Article)
October 1, 2002... Business and financial adviser Grant Thornton has appointed Jan Luder as partner in the London tax practice. Luder joins from Andersen where he headed the private client and professional practices group for over ten years. A chartered...

LDC rebrands. (People).(Lloyds TSB Development Capital, name change and rebranding)(Brief Article)
October 1, 2002... Lloyds TSB Development Capital has changed its name and branding to LDC. LDC continues to expand its regional network and has invested over [pounds sterling]80 million in 11 transactions in the first half of the year. Managing director...

Corporate governance: back on the agenda. (Legal & Regulatory Exchange).
October 1, 2002... Angela Sormani reports on what's actually happening and why and what, if any, impact the proposed changes will have on the private equity world and its non-executive directors. The collapse of Enron and Worldcom and the disastrous problems...

Do you invest in first time funds? (LP Corner).(institutional investors, European funds)
October 1, 2002... The problem with first time funds as far as institutional investors are concerned is that they are inherently more risky than a proven formula. But the first time funds of today could be the stars of tomorrow, as every institutional investor is...

Buyouts fuel Q2 investment activity. (Data Room).
October 1, 2002... While a challenging economic climate is creating problems for venture capital, it is providing opportunities for buyout houses, according to the latest EVCA quarterly activity indicator published in association with Thomson Venture Economics...

Danish market going strong. (Data Room).
October 1, 2002... Denmark has seen steady growth in the private equity market over the past years and the trend looks set to continue, according to data from The Danish Growth Fund. The Danish market has a greater focus on venture investments, rather than later...

French venture suffers. (Data Room).(venture capital investments decline since 2nd-half 2000)
October 1, 2002... Venture capital investments in France are on a path of decline, falling 17 per cent from [euro]306 million in the second half of 2001 to [euro]254 million for the first half of this year, according to L'Indicateur Chausson Finance, the French...

Data Room.(Japan fund performance surveys; includes ranking of firms by financial commitment)(Illustration)
October 1, 2002... Table 1 Japanese vintage year performance benchmark survey Capital weighted Pooled Vintage year Sample Average average average Maximum Upper 1982-1984 12 14.2 ...

Corporate venturing falls off. (Data Room).(decreased activity in 2001 vs 2000; includes details by industry)(Illustration)
October 1, 2002... Latest figures released by the European Venture Capital & Private Equity Association (EVCA) show a marked fall off in corporate venturing activity during 2001. Direct investment by players located within Europe was [euro]554 million in 474...

Spoilt for choice? (Cover Story: Placement Agents).(availability and quality of placement agents in private equity fund market in Europe and US)(Cover Story)
October 1, 2002... Placing private equity funds is increasingly hard event for the most compelling propositions. But there are more than enough placement agents in the market ready to assist. Placement agent services are in boom time. Many of the firms that...

Advisory beyond accounting: increasingly private equity and venture capital advisory services extend beyond the financial and transaction services remit of accounting firms. (Cover Story: PE & VC Advisory Firms).(Cover Story)
October 1, 2002... Delving into the private lives of individuals is probably not uppermost in the minds of venture capital firms when they consider making an investment, but many hire the services of reputational due diligence providers to do just that. Since the...

Accountants and private equity investing: Anthony O'Connor reports on shifts in the market over the last year. (Cover Story: PE & VC Advisory Services).(Cover Story)
October 1, 2002... Most accountant firms agree that much of the year has been a challenging time for completing private equity deals. It's not so much that the deal flow has dried up, but the challenge has been completing transactions regardless of the time...

Calendar.(Calendar)
October 1, 2002... 10 October The Tax & Legal Aspects of Private Equity Investments and Exits. Holiday Inn Victoria London +44 20 7915 5055 www.iir-conferences.com/privateequity 15-16 October Japanese Pension Funds Summit. ...

Seeking buyers September.(listing of companies seeking to sell all or part of their operations)(Illustration)
October 1, 2002... Seeking buyers September Seeking buyers includes listings of all European companies that have announced plans since August 19, 2002 until September 20, 2002 to sell divisions, stakes or their entire company. It also includes purported...

Announced September deals.(Illustration)
October 1, 2002... Announced September deals. Announced deals includes listings of private equity and venture capital transactions involving European targets that were announced from August 24, 2002 to September 29, 2002. The listings are ordered by target...