Tom Allchorne

Over the last few issues, EVCJ has been running a series of articles looking at the problems, both real and perceived, with European venture capital. In one of the pieces I argued that one reason why European institutional investors are so reluctant to invest is because allocation rules are too restrictive, and that governments should address this issue if they really are interested in stimulating early-stage investment. I recently received an email, from a source who will remain unnamed, challenging this line of argument. His approach was that Europe suffers from a structural weakness which restricts the number of investors who would be interested in committing to European VC.

3i, the UK venture capital and buyouts house, is moving away from investing in early-stage companies as part of a reorganization exercise that will see its venture business merge with its growth capital unit. A large majority of the team will be moving across as the firm seeks to combine the skills from both groups. A spokesperson […]

ROME — This afternoon, I caught a lively discussion about the state of Europe’s venture capital industry. Moderated by Patrick Sheehan of the Environmental Technologies Fund and the chairman of the EVCA’s VC committee, the panel consisted of Bernard Daugeras of Auriga Partners, Uli Fricke of Triangle Venture Capital Group, Anne Glover of Amadeus Capital […]