Geocapital, Apax, Advent, VCF Partners and Chase Episode 1 sign the cheques.
The US-based data management software company plans to broaden its presence in Europe.
Fund Manager Friends Ivory & Sime, which manages two Aim-listed venture capital trusts as well as Aim Trust Plc, is aiming to raise up to £150m to invest in up to 40 stocks across sectors.
The private equity firm plans to end 17 years of exclusive partnership with Schroders, the investment bank.
Is the successful £1.625bn bid for the estate the turnaround for Morgan Grenfell?
Having built a portfolio of eight investments, the bank’s private equity division is due to close.
Morgan Grenfell’s £1.65bn bid for the Whitbread portfolio is thought to have left Punch Taverns with the short straw.
The UK venture capitalist has pumped $5m into Commtag, a Cambridge technology firm specialising in wireless networking products.
The group’s independent directors have recommended that shareholders accept the offer, saying it gives ‘the certainty of a cash offer now versus the uncertainty of an increase in shareholder value over time in challenging market conditions'.
The Irish company will use the capital to fund its expansion throughout Europe.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination