The Boston- and Palo Alto-based venture capital firm closes its Fund IV with significant commitments from European and Japanese investors.
The New York middle-market turnaround specialist raises more than double its previous fund and surpasses its initial target of $350 million.
Sagitta Private Equity, a private equity firm investing in small UK mid-market companies, has closed its latest fund at £105m – beating its £75m target by 40 percent.
The US venture capital firm will take on the formerly bankrupt IT company’s venture capital portfolio in exchange for management fees and a cut of the realizations.
The US investment firm has purchased €35m of Abbey National’s existing LP interest in Hutton Collins’ debut mezzanine fund, as well as making an additional €40m commitment - taking the firm’s fundraising to €200m.
The Waltham, Massachusetts and Menlo Park, California early-stage venture capital firm will continue to finance data communications, and software and service companies.
The Polish private equity firm has held a first close of its €300 million fifth fund, securing commitments from pension funds, insurance companies and financial institutions in the US and Western Europe.
Energy Investors Funds Group closes a US fund for investment in power plants and ‘clean’ energy projects, and announces its independence from Deutsche Bank.
Sir Richard Sykes is to become chairman of Medeus, a new company which has acquired the drugs marketing arm of Elan Corporation in a $120m MBI funded by Apax Partners.
The two firms are equally partnering with company management to acquire technology services company BBNT Solutions, the creator of the first network e-mail, from Verizon.
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