Companies in the life sciences sector, which includes the biotechnology and medical device industries, captured the largest share of overall venture capital during 2009, reflecting the relative strength of the sector during the economic downturn, according to PricewaterhouseCoopers. Under Recovery, a new PwC report that includes data from the PwC/NVCA

Affiliated Managers Group is to acquire the business of Pantheon Ventures, a Russell Investments subsidiary. Under the terms of the purchase agreement, AMG will pay approximately USD775m in cash with the potential for additional payments over the next five years, contingent on the growth of Pantheon’s business. Following the closing

Rockbridge Growth Equity has led an acquisition of Protect America, a direct-to-consumer provider of self-installed monitored alarm systems. Joining Rockbridge Growth Equity are Falcon Investments and Thad Paschall, Protect America’s founder. "We are extremely excited about our investment in Protect America. We believe Protect America is a leading force behind

A Clifford Chance team has advised Teddington Bidco, a newly incorporated company backed by the Bridgepoint funds and management, on its acquisition of LGC, a provider of chemical and biological analytical services and reference materials. The transaction, which valued LGC at GBP257m, extends a recent spell of success for Clifford

Saigon Asset Management, the investment manager of two Frankfurt listed investment funds, has entered into partnerships with NBB Investment and Construction and Materials Trading Company. The agreements will include SAM’s support to NBB and CNT in investments, advisory, project finance, and co-development of real estate projects. In addition, Vietnam Property

US venture capital investment in cleantech companies in Q4 2009 decreased 45 per cent to USD564.5m compared to the prior quarter, while the number of deals increased 21 per cent to 62, according to an Ernst & Young analysis based on data from Dow Jones VentureSource.  Investment in 2009 reached

The Aureos Africa Fund has raised a total of USD381.1m at the final close of its fundraising. The fund, managed by Aureos Capital, is believed to be the largest ever to focus on investing in small to mid-sized businesses across Africa.   Aureos Capital, which specialises in investing in mid-sized

Alternative investment fund specialist PILinvests is teaming up with Quantum LifeCare to launch The Park Gate Care Home fund. The fund will initially acquire land with detailed planning consent, then design, construct, operate and ultimately sell a purpose-built care home in Southampton offering specialist dementia care.  The number of over

LGV Capital has sold its majority interest in LGC Group to Bridgepoint in a transaction valuing LGC at GBP257m.  Bridgepoint will back LGC’s current management team, led by chief executive David Richardson (pictured). LGC is a provider of chemical and biological analytical services and reference materials. Headquartered in Teddington, West