French mid-market buyout house Ardian has launched its North American direct investment vehicle, Ardian North America Fund II, established through a partnership with New York-based private equity house Seven Mile Capital Partners (SMCP).
The fund, which is Ardian's first direct investment vehicle in the region, is targeting $500m of commitments by mid-to-late 2017. It is understood commitments mostly come from the US, Canada, and Europe-based...
Backers include Florence-based venture capital house Sici
Scottish oil & gas business formerly known as Oteac has rebranded and appointed a new CEO
Funding round backers include Invitalia Ventures, Pricipia and existing investor TIM Ventures
Investors are taking over from previous investor MBO Partenaires