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Investment fund targets mature healthcare and IT firms

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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.


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11/29/00, Issue # 117, page 5.

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