212, a venture capital firm focusing on Turkey, eastern Europe, the Middle East and north Africa, is looking to conduct five to eight further investments, with EUR 32m left in its latest fund to deploy.
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago
Silver Lake, CVC, Advent and KKR are already set to join the race, sources say