
Dorilton launches venture strategy to target tech companies
US-based private equity firm Dorilton Capital has announced the launch of its early- to mid-stage investment strategy Dorilton Ventures.
At the same time, the group has rebranded from Dorilton Capital to Dorilton, which will comprise the PE and venture strategies.
Dorilton Ventures will lead significant minority investments in early- to mid-stage technology companies focused on data-centric segments such as enterprise IT infrastructure, data science and cybersecurity.
The firm will initially make investments of $5-10m, but may make add-on investments in some companies throughout their lifecycles. It will look at businesses globally.
The firm has already made early-stage investments in Babel Street, a multi-lingual, social media and web-monitoring platform; Hawkeye360, a space-based radio frequency analytics company; Post Acute Analytics, a healthcare analytics platform; and XenoTherapeutics, a personalised tissue therapeutics company.
Matthew Savage, Dorilton's co-founder and chairman, said the company's investments will not be time-limited, nor subject to the concentration limits faced by many VC funds.
In summer last year, the New York-based GP acquired Formula One motor racing team Williams Grand Prix Engineering (WGPE) for €152m.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater