U.K.-based private equity firm Bowmark Capital recently held a final closing on its new fund, Bowmark Capital Partners IV, with total commitments of £265 million (US$391 million). The closing came only three months after its launch in October.
The fund will invest in growth-oriented service companies, typically with enterprise values of up to £75 million in the business services, leisure, healthcare, media and information technology services sectors.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...