Fundraising in 2001 proved difficult for Wilton Asset Management, whose private equity fund fell $60m short of its original target.
Israel’s largest insurance company is looking to set up its own venture capital fund to invest directly in local businesses.
The firm’s third fund, $30m short of its target, will invest in Israeli companies operating in the communications and IT sectors, in particular enterprise software.
The US private equity firm has invested in the French speciality chemicals operation of Goodyear, the tyre manufacturer.
The German venture capitalist is looking to close its second fund by the end of the first quarter in 2002.
The London-based private equity firm has invested alongside Deutsche Bank in Hotel Arts.
The Italian venture capital fund has completed a fundraising effort E15m north of its initial target set at the start of the year.
The £84m deal makes it 47 realisations in 18 months for the firm, and over $1bn returned to investors.
The global fund is looking to commit $800m of its resources to opportunities in Europe.
At $225m, Bioventures III LP closed $75m over its initial target, said the UK-based venture capitalist.
ii
ii

Copyright PEI Media

Not for publication, email or dissemination