One third of the GPs surveyed in Investec's 2020 GP Trends report have suspended or expect to suspend marketing for their next fund, while 29% have arranged financing at the GP or fund level, or plan to do so soon.
Austria-based electrical engineering company had filed for insolvency in April 2020
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Company has generated €12m in revenues and has a 25% EBITDA margin