The private equity arm of WestAM has closed its Special Private Equity fund-of-funds and started promoting its next.
Softbank UK Ventures has invested in Venation a company which has come out of BT’s technology incubator Brightstar.
Dublin-based Aran Technologies will use the financing to globalise its sales division and develop its software intellectual property.
Although venture capital investment in the US reached a high of $68.8bn in 2000, investment in the fourth quarter fell by 18 per cent.
The fund, which had an original target of £50m-£75m, will make investments in UK-based start-up and early-stage technology businesses.
The latest addition to Royal Bank of Scotland's private equity business will invest in enterprise application and communication software, internet infrastructure and hardware infrastructure.
PEO spoke to Friedrich Bornikoel, a managing partner at TVM Techno Venture Management, about the new, highly popular TVM IV fund.
JP Morgan will this year plough $1 billion into its new incubator for e-finance businesses - LabMorgan. Euromoney's Peter Lee reports.
Research by Capital DATA for The Wall Street Journal Europe puts the investment bank in first place in terms of value of stock brought to market but ranks it tenth in terms of stock performance.
SPEF II, which has beaten its initial target by E100m, is the largest Spanish fund to date.