Quest and Capricorn to merge
Quest Management and Capricorn Venture Partners are set to join forces following a proposal by their respective boards of directors to merge the two companies.
The manager of tech vehicle Quest for Growth and Capricorn, which advises several pan-European venture capital funds, will become one entity once an application to Belgium's Banking, Finance and Insurance Commission has been granted.
The shareholders of the Belgium-based private equity firms will also need to approve the merger, which will see Capricorn acquire all of Quest's activities, personnel, assets and liabilities.
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