Berlin-headquartered early-stage software investor Cavalry Ventures has launched its third flagship fund, holding a EUR 100m first close against its EUR 160m target, managing partner Claude Ritter told Unquote.
Exit from Main Fund V comes three years after the GP acquired the Germany-based procurement technology company
Unquote’s selection of the latest add-ons, with ICG's Circet, Five Arrows' Mintec, Carlyle's Jagex, and more
Lucie Cawood's appointment follows poaching of Ian Shawyer by Cleary Gottlieb earlier this month
New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons