SBT Venture Capital, a new fund focused exclusively on investments in the financial technology (fintech) space, has launched with $100m in capital.
The fund has a lifespan of 5-7 years. SBT partner Matteo Rizzi told unquote" that the firm will start the divestment period for the fund's portfolio in the fifth year. The vehicle was set up by Russian...
Venture capital firms originally invested in the company in 2011 and 2014 respectively
Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period
Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition
Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year