French growth capital specialist Elaia Partners is understood to have secured €45m of commitments for its new seed vehicle Elaia Alpha.
The GP is looking to ultimately raise €50-60m, according to French publication Capital Finance. Elaia currently manages more than €80m through Elaia Ventures, its own FCPR fund closed on €45m in...
Noble is currently CEO of CDC, and is a former partner at Schroder Ventures (now Permira)
Sale of utility service provider follows an eight-year holding period
New fund is almost double the size of Montefiore III, closed on €240m in 2013
Acquisition will bring IPC's revenues to €200m, up from €170m in 2013