European Venture Capital Journal articles from September 2002

European Venture Capital Journal archives from September 2002

ProVen to up fund size. (News).(ProVen Private Equity Global Rights II fund)(Brief Article)
September 1, 2002... ProVen Private Equity, which in January this year announced that it had sold a majority stake in its management company to GMA, the Michigan-based investment banking boutique, is to rearrange its latest fund raised--Global Rights II--to...

PE best practice study underway. (News).(RCP & Partners private equity study)(Brief Article)
September 1, 2002... RCP & Partners, the European-based fiduciary rating agency established in 1998, is carrying Out a survey of 50 private equity and venture capital firms across ten countries. The aim is to establish best practices, seek transparency on how value...

Second fund for Charlemagne. (News).(Charlemagne Capital South East Europe Access Fund)(Brief Article)
September 1, 2002... European emerging market specialist, Charlemagne Capital is marketing its second fund, South East Europe Access Fund with a target of [euro]150 million. The fund has been on the drawing board for the past eight months and is close to securing a...

Accenture sells VC arm to CIBC. (News).(Accenture Technology Ventures to be acquired by CIBC World Markets)(Brief Article)
September 1, 2002... Global management consulting and technology services firm, Accenture has found a buyer for its venture capital business, Accenture Technology Ventures. Following its decision in March to put its venture portfolio up for sale and cease all...

Baring targets secondaries market. (News).(Baring-Coller Secondaries Fund)(Brief Article)
September 1, 2002... Baring Asset Management has launched a $20 million secondaries feeder fund to invest directly into Coller Capital's fourth fund, Coller International Partners IV (CIP IV). Baring launched the Baring-Coller Secondaries Fund to give access to...

Auriga II achieves second close. (News).(Auriga Partners fund)(Brief Article)
September 1, 2002... French IT and life science specialist, Auriga Partners has announced the second closing of Auriga II at [pounds sterling]110 million. The fund hopes to achieve a final close of between [pounds sterling]120 million and [pounds sterling]130...

Enterprise Ireland targets digital media. (News).(Brief Article)
September 1, 2002... Enterprise Ireland, the Irish government's trade and technology body, has committed [pounds sterling]2.3 million to The Digital Hub, a high tech, broadband-enabled facility for high potential start-ups working in the digital media sector. The...

LGT Capital wins Fortis FoF mandate. (News).(Fortis Bank fund-of-funds management contract)(Brief Article)
September 1, 2002... Fortis bank, which has diversified private equity investing interests, has awarded an as yet unspecified fund-of-funds management contract to LGT Capital Partners. LGT Capital Partners has [pounds sterling]2.9 billion of alternative assets...

ICG closes Promus II. (News).(Intermediate Capital Group Promus II fund)(Brief Article)
September 1, 2002... Quoted mezzanine provider and alternative asset manager, Intermediate Capital Group has closed its second CDO fund, Promus II at [euro]340 million, exceeding its original target. Institutional investors spanning the UK and continental Europe...

Blackstone's record fund. (News).(Blackstone Capital Partners IV fund)(Brief Article)(Statistical Data Included)
September 1, 2002... US-based investment firm the Blackstone Group is on the home straight with its latest fund, set to close at a record breaking $6.45 billion. The Blackstone Capital Partners IV fund, expected to close formally before the end of July, will exceed...

Biotech prepares for boom. (News).(Brief Article)
September 1, 2002... Biotechnology is attracting unprecedented venture capital attention but is not at risk from a lapse in investment discipline, according to research by AltAssets. The report, titled Delivering on Discovery - Private Equity Investing in...

GI Ventures broadens investment horizon. (News).(GermanCapital fund)(Brief Article)
September 1, 2002... GI Ventures is broadening the scope of its investments with its second fund called GermanCapital. GermanCapital has a target of [euro]100 million and will focus on the mid-market. This is a complete change of focus from the group's first fund,...

PAI Europe III exceeds target. (News).(investment fund)(Brief Article)
September 1, 2002... PAI Management has closed its latest offering PAL Europe III at [euro]1.8 billion, exceeding its original target of [euro]1.25 billion. The fund is the successor of PAILBO Fund, raised in 1998, which was fully invested in two and a half years...

e-capital forms tech realisation fund with Sigma. (News).(Brief Article)
September 1, 2002... e-capital investments, the AIM-listed incubator, has reinvented itself as a private equity company and transferred its investments to a technology realisation fund established with Sigma Technology Management. Once focused on investing in...

US tech bubble bursts. (News).(venture capital investments decline)(Brief Article)(Statistical Data Included)
September 1, 2002... Venture capital investment in the US continued to fall in the second quarter to 2002 reaching S5.7 billion, an 11 per cent decrease from the previous quarter and the lowest level since the boom of 1998, according to the...

Matrix Private Equity reaches final close. (News).(Matrix Enterprise Fund)(Brief Article)
September 1, 2002... Matrix Private Equity has achieved a final close of [pounds sterling]1.5 million on its Matrix Enterprise Fund (MEF). The fund, which was hoping for a [pounds sterling]3 million close (see evcj May, page 19) will remain open for subscription...

Charterhouse Development Capital 1st close. (News).(first closing on its seventh fund)(Brief Article)
September 1, 2002... Charterhouse Development Capital has held the first closing on its seventh fund and first since its independence from Credit Commercial de France, which was sold by its parent company to HSBC in July 2000. It was almost a year later that Gordon...

Is there hope for high tech? (News).(European high-technology industry)(Brief Article)(Statistical Data Included)
September 1, 2002... Although the technology sector remains in the doldrums PricewaterhouseCoopers (PwC) Money for Growth 2001 Report shows the industry is still popular with investors, attracting 31 per cent of the total amount invested across all sectors in...

Partners Group 1st close. (News).(Partners Group Europe fund)(Brief Article)
September 1, 2002... Partners Group, the independent alternative asset management company, has held the first close on its mid market buyout fund-of-funds called Partners Group Europe LP. The closing was for [euro]150 million and the eventual target is [euro]300...

Energy Ventures holds 1st close. (News).(venture fund has connections to British Petroleum)(Brief Article)
September 1, 2002... Energy Ventures, a Norwegian first time venture fund investing in energy related early stage technology companies, has proved that early stage, technology and a first time fund are not necessarily a recipe for disaster by announcing its first...

b-business partners focuses on spin-offs. (News).(Brief Article)
September 1, 2002... Venture capital firm b-business partners, which is funded by 13 multinational corporates, is to extend its investment focus to include corporate spin-offs. It will start by looking at opportunities among its shareholders, which include Investor...

CapMan close to target. (News).(CapMan Equity VII fund final close)(Brief Article)
September 1, 2002... Finnish buyout specialist CapMan is drawing near to a final close of its seventh fund, CapMan Equity VII. A final target for the fund has not been disclosed. So far the fund has secured [euro]188 million from 17 investors. Additional...

SAATCHiNVEST promotes brand revival. (News).(Brief Article)(Company Profile)
September 1, 2002... Under-utilised brands are the target of a new venture set up by the founding partners of international advertising practice, M&C Saatchi. SAATCHiNVEST is looking to take advantage of the recent wave of non-core brands being divested by...

Menire terminates agreement with 2M Invest. (News).(Brief Article)
September 1, 2002... Ailing Danish venture capital firm 2M Invest has lain off its entire staff and had its management agreement with Menire Corporation terminated. In January last year 2M Invest acquired Menire Advisors, which manages two funds, Menire Corporation...

Nmas 1 ventures out of Spain with second fund. (News).(Nmas 1 Private Fund to target international investors)(Brief Article)
September 1, 2002... Spanish buyout specialist, Nmas 1 has achieved a first close on its second fund, Nmas 1 Private Fund, its first to target international investors. The fund, which has a target of [euro]200 million has raised 674 million so far from investors...

T-Venture restructures. (News).(Brief Article)
September 1, 2002... T-Venture, the corporate venturing arm of Deutsche Telekom has been restructured to align its investments with its parent's strategic divisions: T-Mobile, T-Online, T-Systems and T-Com. Funding for new investments, in telecoms, IT, mobile...

Advisum launches turnaround fund. (News).(Turnaround Fund I)(Brief Article)
September 1, 2002... Munich-based Advisum has launched its maiden fund, Turnaround Fund I for investments in small- to medium-sized companies in German-speaking regions. The fund will target distressed companies in the TIME, capital goods, retail and professional...

MBO Partenaires to close on [euro]100m. (News).(to close investment fund)(Brief Article)
September 1, 2002... Newcomer MBO Partenaires is targeting the under-served French small buyout segment. MBO Partenaires is anticipating a September close on its maiden fund at [euro]100 million. The venture was set up four months ago when a six-strong team from...

ProSeed partners with Sharelink. (News).(Brief Article)
September 1, 2002... ProSeed Capital, the Belgian early stage investor has agreed a partnership with Cypriot firm, Sharelink Financial Services. Together the two companies will assist life science and technology companies in Cyprus, Greece, Belgium and Israel....

Big challenge for small technology. (News).(Brief Article)
September 1, 2002... Nanotechnology offers a wealth of unrealised potential for investors. According to 3i's white paper, "Size Matters. Building a Successful Nanotechnology Company", nanotechnology is at the heart of applications that are already making money, yet...

Harvest Partners raises $558m. (News).(final closing on Harvest Partners IV fund)(Brief Article)
September 1, 2002... US-based Harvest Partners has held a final closing on Harvest Partners IV at $558 million. The fund will be sourcing deals both in Europe and the US and will invest in management buyouts and growth financings of profitable domestic and...

Keystone Financial Partners is born.(Brief Article)(Company Profile)
September 1, 2002... Keystone Financial Partners has launched and is looking to raise a [euro]85 million to [euro]100 million fund with the help of independent advisory and placement boutique Brask & Company. Robert Pierce and Philippe Guglielmetti are behind...

Oppenheim Private Equity holds first close. (News).(Brief Article)
September 1, 2002... German private bank Sal Oppenheim has raised [euro]60 million for the first close of its most recent offering, Oppenheim Private Equity Holding. The fund-of-funds will hold further closings later in the year and hopes for a final close in...

Favonius gets to first base. (News).(Favonius Ventures first close on software and communications fund)(Brief Article)
September 1, 2002... Netherlands-based venture capital house Favonius Ventures has reached a first close of $77 million on its software and communications fund. Launched last July, Favonius Ventures Fund has been struggling in a difficult fund raising climate, but...

Apax merges US and European operations. (News).
September 1, 2002... Apax Partners is merging its European and US operations almost a year after the US firm changed its name from Patricof & Co Inc to Apax Partners Inc. Sir Ronald Cohen, chairman of Apax Partners in Europe now also becomes chairman of the firm in...

Angels united. (News).(iGabriel merges with VCR/Pi Capital)
September 1, 2002... Three of the UK's leading private investor networks have joined forces as iGabriel merges with the VCR/Pi Capital partnership that was formed in May this year. The 30 members of iGabriel will join the Pi Capital Investors Club, giving the group...

Berwin Leighton to build PE funds practice. (News).(Timothy Spangler named to private equity funds practice)(Brief Article)
September 1, 2002... Berwin Leighton Paisner is boosting its five-strong funds practice with the appointment of Timothy Spangler as partner. Spangler, who joins from Latham Watkins in London, will give Berwin Leighton Paisner's funds practice the experience and...

Graphite PET to liquidate. (News).(Graphite Capital Management's Graphite Private Equity Trust)(Brief Article)
September 1, 2002... Graphite Capital Management's Graphite Private Equity Trust is seeking shareholder approval to sell its remaining portfolio of unquoted investments and to be placed into members' voluntary liquidation. As the trust's holdings are minority...

Secondary buyout of Wimpy. (Exits).(Bank of Scotland buys venture capitalists' share of burger chain)(Brief Article)
September 1, 2002... Bank of Scotland has bought Wimpy the UK burger chain in a secondary management buyout totalling [pounds sterling]15 million. The deal provides an exit from a 12-year old investment by 3i, Bridgepoint Capital and Lloyds TSB Development Capital....

Bonmarche good deal for ISIS Capital. (Exits).(clothing retailer sold to Peacock Group)(Brief Article)
September 1, 2002... ISIS Capital, the private equity arm of Friends Ivory & Sime, has realised its investment in clothing retailer bonmarche, which has been acquired by retail chain the Peacock Group for [pounds sterling]75 million. The deal comprised debt of...

SP Systems exit for CBPE. (Exits).(Brief Article)
September 1, 2002... Close Brothers Private Equity has sold its interest in SP Systems, the Isle of Wight composites business, to the Swiss industrial conglomerate Gurit Heberlein. The price tag was [pounds]75 million and although Close Brothers Private Equity is...

3i realises Wheatley Packaging. (Exits).(Brief Article)
September 1, 2002... 3i has sold UK-based Wheatley Packaging to Austrian paper and packaging group Frantschach for an undisclosed sum. Andrew Garside, a director at 3i, said: "We are delighted with the outcome and have more than doubled our original investment."...

Sports deal for Bridgepoint. (Exits).
September 1, 2002... Bridgepoint has realised its investment in Longoni Sports through a [euro]76 million trade sale to Giacomelli Sports. Bridgepoint led the buyout of the Italian sports retailer in November 1999, purchasing 67 per cent of the capital through an...

Apax exits Dagard through secondary buyout. (Exits).
September 1, 2002... Dagard, a French company that manufactures insulated enclosures for cold and clean rooms, has been sold to a bank-backed consortium of private investors. The business was a 1998 MBO investment from funds managed by Apax Partners, including...

Saint Springs sold to Nestle. (Exits).(Nestle Waters buys Russian mineral water firm)(International Pages)(Brief Article)
September 1, 2002... Nestle Waters has acquired Russian mineral water company Svyatoi Istochnik (Saint Springs), providing an exit for private equity investors including Delta Capital Management, Agribusiness Partners, Framlington and Renaissance Capital. Nestle...

3i sells Castlebeck to HGCapital. (Exits).(Brief Article)
September 1, 2002... In a secondary buyout HgCapital has taken control of Castlebeck Care, a healthcare company previously backed by 3i. Three-and-a-half years ago 3i invested [pounds sterling]5 million in the business for a stake of around 50 per cent. Brian...

French exits from ABN AMRO Capital. (Exits).(Brief Article)
September 1, 2002... ABN AMRO Capital France has exited one investment and partially realised another. The French private equity arm of the bank has sold its 75 per cent interest in Atlantic Zeiser to Orell Fussli, previously a customer of the business. Cogifer, a...

First success for IRRfc. (Exits).(Brief Article)
September 1, 2002... A secondary buyout of Ward Homes, arranged by The Royal Bank of Scotland's Debt Ventures team, has provided IRRfc with its first partial exit from a Phildrew Ventures investment since regaining its independence. Ward Homes was a [pounds...

3i exits Banner Homes.(Brief Article)
September 1, 2002... 3i has sold its majority stake in construction company Banner Homes to Rodaway Nominees in a transaction valuing Banner at [pounds sterling]38 million excluding bank debt and providing 3i with a 28 per cent IRR on its investment. Banner is...

ABN AMRO exits Epwin. (Exits).(Brief Article)
September 1, 2002... ABN AMRO Capital has realised its mezzanine investment in the UK buildings products company, Epwin, through a refinancing. New senior debt facilities worth [pounds sterling]53 million were lead arranged by United Bank of Kuwait, the syndicate...

3i makes partial realisation on Imaginarium. (Exits).(Brief Article)
September 1, 2002... 3i has reduced its stake in Spanish toy manufacturer, Imaginarium. L Capital, a development capital fund backed by Bernard Arnault's LVMH luxuty goods empire, will buy a 40 per cent stake in Step Two SA, the holding company for the toy...

3i exits old investment. (Exits).(Brief Article)
September 1, 2002... 3i has exited its investment in Selwood Group, a UK construction equipment, pump hire and sales company, in which it originally invested in 1994 when it bought two businesses Palmer Scaffolding and Seiwood from BTR. At that time 3i invested...

MGPE wins on Coral Eurobet. (Exits).(Morgan Grenfell Private Equity)(Brief Article)
September 1, 2002... Morgan Grenfell Private Equity (MGPE) has sold Coral Eurobet to Charterhouse Development Capital in a [pounds sterling]860 million secondary buyout, making a return of three times the money invested. MGPE acquired the betting business for...

Lloyds British Testing lists on AIM. (Exits).(Brief Article)
September 1, 2002... The flotation of Lloyds British Testing which was the subject of a Lloyds TSB Development Capital-backed MBI in 1999, values the company at [pounds sterling]6.5 million. Of the [pounds sterling]4.1 million raised, [pounds sterling]3.4 million...

Baring CEF sells Topway Foods. (Exits).(Baring Central European Fund)(Brief Article)
September 1, 2002... Baring Central European Fund has made the first of its expected two exits from its fund this year. The realisation is of Topway Foods International, which represents one third of the 1999 investment in Topway Industries SA, Topway Foods...

ECI does well on Highway. (Exits).(Highway Emergency Services)(Brief Article)
September 1, 2002... UK-based mid-market player ECI has realised its 1995 investment in Highway Emergency Services, a supplier of emergency repair services to domestic households, valuing the company debt free at [pounds sterling] 36.75 million. The company has...

CBPE makes gain on Chance & Hunt. (Exits).(Close Brothers Private Equity)(Brief Article)
September 1, 2002... Close Brothers Private Equity (CBPE) is celebrating a return of 2.5 times its original investment on the sale of Chance & Hunt to Azelis. Terms of the transaction were undisclosed, but it is rumoured the business was valued at over [pounds...

PAI provides Elis exit for BC Partners. (Exits).(Brief Article)
September 1, 2002... The newly independent PAI, (formerly Paribas Affaires Industrielles) has bought Elis from BC Partners in a secondary MBO thought to be worth approximately [euro]1.5 billion. Details of the return for BC Partners and the exact deal size have not...

Secondary buyout of CareTech. (Exits).(Brief Article)
September 1, 2002... A [pounds sterling]35 million secondary buyout backed by Barclays Private Equity has provided 3i with an exit from its investment in the care homes company. Barclays is taking a 40 per cent stake in CareTech Community Services. Royal Bank of...

Trade sale for Digiplug. (Exits).(Brief Article)
September 1, 2002... Digiplug, a French provider of mobile phone ring tones, has been acquired by Faith, a Japanese company that also supplies content for mobile phones. The share purchase transaction, reported to be worth billion (nearly [pounds sterling] 20...

Management buy-back of Greenvale. (Exits).(Brief Article)
September 1, 2002... 3i and Royal Bank Development Capital (RBDC) have realised their investment in Greenvale, a UK-based supplier of fresh potatoes. The directors of the company have acquired all of the investors' equity with the support of Lloyds TSB in a deal...

Vivendi asset disposals to fuel French buyout activity? (Buyouts).
September 1, 2002... The question on many people's lips is whether Vivendi will reach its [euro]10 billion asset disposal target simply through selling its non-core assets? Many believe the group may fall short of meeting its target if it doesn't also consider the...

UK & Ireland public-to-private bid premiums: Deborah Yates reviews activity in the UK and Ireland over the last six months. (Buyouts).(mergers and acquisitions activity)(Statistical Data Included)
September 1, 2002... The first six months of 2002 undoubtedly confirmed expectations of a sluggish start to the year for both the markets and M&A in general. In this survey we examine the premiums paid for those firms with either a full London or AIM listing, that...

Duke Street wins over Esporta. (Buyouts).(acquisition)(Brief Article)
September 1, 2002... Duke Street won its hostile bid for UK leisure chain Esporta. The board of Esporta recommended Duke Street's revised 87.5 pence per share offer, which represents a nine per cent increase over the original 80 pence per share offer. However, in a...

AFIC promotes French LBOs. (Buyouts).(French national venture capital association on leveraged buyouts)(Brief Article)
September 1, 2002... LBOs are the subject of a white paper recently published by the French national venture capital association, AFIC. The paper describes France as the leader in LBO transactions on the continent, but lagging behind when compared to the UK and the...

Roeser lays plans at Commerzbank. (Buyouts).(Matthew Roeser )(International Pages)(Brief Article)
September 1, 2002... Barely a month after landing at Commerzbank to take up the role of global head of financial sponsors group Matthew Roeser is deep in the planning process. The structured finance activities have now been harnessed into his new group and, aside...

Secondary buyouts with European targets announced 01/07/2002 to 23/08/2002. (Buyouts).(Brief Article)
September 1, 2002... Secondary buyouts with European targets announced 01/07/2002 to 23/08/2002 Date of Company name Company business original & country description buyout 1990 Wimpey (UK) Burger chain ...

Private equity-backed takeovers subject to EU Competition law--04/07/2002 to 16/08/2002. (Buyouts).(Brief Article)
September 1, 2002... Private equity-backed takeovers subject to EU Competition Law - 04/07/2002 to 16/08/2002 PE backer Target Axa Private Equity Bonna Sabla CVC Halfords KKR ...

Forthcoming European high yield issuance related to European LBO transactions. (Buyouts).(Brief Article)
September 1, 2002... Forthcoming European high yield issuance related to European LBO transactions Date of Company name buyout & country July 2002 Legrand (from Schneider Electric), France July 2002 Haarmann and Reimer...

Buyouts with a European target announced 01/07/2002 to 23/08/2002. (Buyouts).(Brief Article)
September 1, 2002... Buyouts with a European target announced 01/07/2002 to 23/08/2002 Date Target Target announced nation name 01/07/02 Germany ASG...

When fees cause GPs and LPs headaches. (LP Corner).
September 1, 2002... Management fees were hotly debated earlier this year and last as investors in private equity and venture capital funds that had seen exits held in abeyance for several months started to feel some of their GPs should realign their interests with...

Basel II: a doubled edged sword for European private equity? (Legal & Regulatory Exchange).(The second Basel Capital Accord)
September 1, 2002... With its implementation not due until 2006 it is perhaps unsurprising that the second Basel Capital Accord hardly registers on the radar of most of Europe's private equity firms. Yet as it currently stands the proposed Accord is likely to...

BVK releases half-year figures. (Data Room).(German venture capital association Bundesverbandes Deutscher Kapitalbeteiligungsgesellschaften)(Industry Overview)(Statistical Data Included)
September 1, 2002... Bundesverbandes Deutscher Kapitalbeteiligungsgesellschaften (BVK), the German venture capital association, released investment figures for the first half of 2002, revealing the year's total investment figure is likely to be down on last year's....

Q2 2002 UK buyout activity. (Data Room).(Brief Article)(Statistical Data Included)
September 1, 2002... KPMGs survey of UK buyout activity, n the [pounds sterling]10 million plus value segment, in the second quarter of 2002 recorded a slight upturn in activity levels. Compared with the total value of deals in the corresponding quarter of last...

CMBOR 12-month UK buyout figures. (Data Room).(European buyout market trends)(International Pages)(Brief Article)(Statistical Data Included)
September 1, 2002... Buyout activity in the UK has dropped 1)50 per cent by value over the last 12 months, according to figures released by the Centre for Management Buy-Out Research at Nottingham University in the UK. This presents a fairly stark picture for the...

AMJPE appoints. (People).(Aberdeen Murray Johnstone Private Equity named Andrew Glennon as senior portfolio manager)(Brief Article)
September 1, 2002... Aberdeen Murray Johnstone Private Equity has appointed Andrew Glennon as senior portfolio manager in the group's Leeds office. Glennon joins from the Christy Group where he was group finance director since 1998. Prior to that he worked for four...

LGT Capital Partners moves. (People).(new Swiss offices)(Brief Article)
September 1, 2002... LGT Capital Partners has moved and can be found at Churerstrasse 122, P.O. Box, CH-8808 Pfaffikon, Switzerland. The firm also has a new website -- www.Igtcp.com.

NMB-Heller opens in Bristol. (People).(Brief Article)
September 1, 2002... Asset-based finance provider NMB-Heller has opened a Bristol office in response to the growing demand among the local business community for asset-based finance products. David Ashton will be heading the team at the Bristol office. The...

ProVen expands. (People).(ProVen Private Equity Limited has appointed Jeff Bocan to its UK investment team)(Brief Article)
September 1, 2002... ProVen Private Equity Limited has appointed Jeff Bocan to its UK investment team. He joins from Saffron Hill Ventures, a UK-based early stage venture fund where he was an associate. In this position he played a leading role in market analysis...

LDC builds Leeds team. (People).(Lloyds TSB Development Capital names Craig Wilkinson as investment manager)(Brief Article)
September 1, 2002... Lloyds TSB Development Capital (LDC) has recruited a new executive to strengthen its Leeds office. Craig Wilkinson has joined LDC as an investment manager increasing the Leeds team to four executives. He joins from Rothschild Acquisition...

Cambridge Associates moves. (People).(moves to new office in London)(Brief Article)
September 1, 2002... Cambridge Associates has moved offices and can now be found at 105 Wigmore Street, London W1U IQY Tel: +44 20 7659; fax: +44 20 7659 1401.

JVP promotes. (People).(Jerusalem Venture Partners executive appointments)(Brief Article)
September 1, 2002... Jerusalem Venture Partners (JVP) has announced the promotion of Laurel Bowden from principal to general partner and the appointment of its chief financial officer and chief operating officer, Michael Cams to general partner. JVP has now...

Abingworth appoints. (People).(Claire Wilkinson named as general counsel)(Brief Article)
September 1, 2002... Life science specialist Abingworth has expanded its management team with the appointment of Claire Wilkinson as general counsel. Wilkinson qualified at Slaughter and May in 1992 and worked as an assistant solicitor specialising in M&A and...

New director at Almeida. (People).(Almeida Capital appoints Kevin How)(Brief Article)
September 1, 2002... Almeida Capital has appointed Kevin How as associate director to develop the firm's placement and advisory services. How was formerly a management consultant with the Boston Consulting Group (BCG) where he served international clients from its...