Insurance services specialist Phoenix Group has launched its first venture capital fund, Phoenix Venture Capital Partners, with an initial allocation of £100m.
Gianpiero Lenza, Sébastien Mazella di Bosco, Petter Johnsson and Vincenzo Narciso have left the GP
Trade sale comes five years after Silverfleet acquired the metal finishing business from Equistone
Firms including Coller Capital and Adams Street backed the oversubscribed GP-led deal
Sale ends a six-year holding period for the GP, which acquired the company from Kering via Investindustrial V