Investment fund targets mature healthcare and IT firms

November 29, 2000

Capital Z Convergence Europe, which is sponsored by Capital Z and Telesis Investment Bank, has established a new investment fund geared toward later-stage telecommunications, healthcare, financial services, media/entertainment, and IT firms.

Capital Z Convergence Europe, which is sponsored by Capital Z and Telesis Investment Bank, has established a new investment fund geared toward later-stage telecommunications, healthcare, financial services, media/entertainment, and IT firms. Capital Z Convergence Europe holds $75 million under management and is looking to raise another $300 million for the new fund. Telesis is raising $50 million from investors in Greece for the fund, which is based in Thessaloniki.


© 2000 Miller Freeman Inc.
11/29/00, Issue # 117, page 5.