Germany will become "the Eldorado of private equity" as a result of the new tax regime, according to Commerzbank.
Returns for US and European VCs and buyout funds slipped in the fourth quarter last year.
According to press reports, PPM Ventures will back the management buyout of Warehouse, Principles, Racing Green and Hawkshead.
Swedish VC B-Business Partners makes investments and claims to have a model for the future.
Craig McCallum and Brian Aiken have been taken on as part of Protégé's expansion programme.
Investors in the Scottish fund include Bank of Scotland, Old Mutual, Northern Rock Plc and Fortis Bank SA/NV.
Mark Danby's experience at venture capital fund Thinkventures and internet service provider Freeserve will make him a 'key member of the investment team'.
MBOs, MBIs, and institutional buy-outs were at their third highest quarterly level ever, according to KPMG.
At $400m, the German fund has closed at $150m more than expected.
The investor announces its first closing at E105m.