eVolution Global Partners moves to California

eVolution Global Partners, a joint venture between Bain & Co., Kleiner Perkins Caufield & Byers, and Texas pacific Group, has moved its headquarters from London to Palo Alto and disbanded its European investment team. The joint venture will not be making any further investments in Europe. James Alleyn has resigned as e-Volution’s chief executive, leaving Palo Alto-based Steve Savigano as the sole partner at the firm.

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• UK / Ireland