British growth equity and venture capital investor Scottish Equity Partners (SEP) has launched new fund SEP IV, already raising £185m.
SEP IV has exceeded the company's previous fund, SEP III, which closed on £160m in 2006. The fund target has not been disclosed. Investors All current commitments came from SEP's existing institutional...
Palero Capital has sold Heidrive to US drive technology company Allied Motion
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
Fundraising partner Johansen leaves one week after CEO Tim Jones unexpectedly stepped down from his role
Both GPs are understood to have secured a joint controlling stake in the dubbing specialist