Eurazeo saw a growth in consolidated revenues of 5.2 per cent on a comparable basis for the third quarter to EUR1,094.8m. This compares to growth of 2.2 per cent in the first quarter and 3.2 per cent in the second quarter. Revenues for first nine months totalled EUR2,987.8m, an increase of 3.6 per cent on a comparable basis. Eurazeo has EUR900m available as of 31 October 2010. The sale of B&B Hotels, effective 28 September 2010, generated net proceeds for Eurazeo of EUR184m.   The group’s net asset value per share as of 31 October was EUR69.3. This reflects the

IK Investment Partners, a pan-European private equity firm, has agreed to acquire EPiServer Group from Amadeus Capital, Martin Bjäringer, Monterro Holdings, Northzone Ventures, Mikael Runhem and family and employees.    EPiServer is a provider of platforms that drive online engagement with revenues of SEK192m in 2009. Financials for the deal were not disclosed. EPiServer is a Swedish software company offering a range of products and services combining content, commerce, community and communication, which enables organisations to manage and optimise their online presence. EPiServer is represented in several other countries such as Norway, Denmark, Finland, the Netherlands, the UK and the

A new endorsement from the Chubb Group of Insurance Companies aims to provide venture capital and private equity firms with enhanced insurance coverage that addresses the evolving regulatory and economic environments and increasingly complex deal structures. The endorsement is an enhancement to Chubb’s Venture Capital Asset Protection policy, which covers directors and officers liability, errors and omissions liability and outside directorship liability under one contract. Among other features, the endorsement eliminates scheduling requirements for funds, investment holding companies and newly-created funds engaged in similar activities as the existing funds; includes a new, less restrictive "organisation vs. insured" exclusion compared to

Venture capitalist Joe Hudson and agricultural asset manager Phil Christensen are taking several investors on a Central Valley tour to introduce them to what makes California agriculture a USD30bn industry and educate them about agricultural related companies as potential investments. Christensen says: "California is the world’s fifth largest supplier of food and agricultural commodities. The various players in California agriculture are some of the most sophisticated in the world and compete on a global scale. Many investors however, are not familiar with the industry and the way it works, because it is different from other sectors such as technology and

Vivacta, a medical diagnostics company, has closed a GBP4m financing round. The current shareholders, HBM BioVentures, IDInvest Partners (formerly AGF Private Equity), Spark Ventures and Viking, all participated in the round. Vivacta’s piezofilm technology platform enables the development of a new generation of near-patient diagnostic products achieving high sensitivity and wide dynamic range, equivalent to laboratory testing. The test uses whole blood samples and requires only a finger prick sample, providing actionable results within ten minutes. Vivacta has developed a diagnostic test for thyroid stimulating hormone, one of the most widely prescribed laboratory tests and the industry gold standard for

The Enterprise Development Corporation of South Florida, a non-profit organisation specialising in providing business development services to emerging science and technology companies, has revealed that jobsite123.com is among the 14 finalists to do a three-minute on-stage presentation at the 13th Annual Emerging Technology Business Showcase. ETBS is South Florida’s annual event for science and technology startups where the investment community convenes to preview South Florida’s most promising young companies in the region. Participants include first and second stage entrepreneurs, business leaders, educators, investors and service providers. This year’s theme is “Growing Our Entrepreneurial Ecosystem”, and it is EDC’s first time

Cornerstone Acquisition & Management, a sub-adviser to Centaur Performance Group, has acquired a portfolio of royalty interests in producing oil and gas properties located in Southern Oklahoma, operated by Houston-based Citation Oil and Gas.   “This transaction is indicative of the type of private assets we like to target and acquire for our investors,” says Derren Geiger, portfolio manager of the Caritas Funds and chief operating officer of Cornerstone.   Cornerstone currently manages in excess of USD100m of oil and natural gas royalty interests diversified across 21 states and several hundred counties.   “We target properties located 100 per cent onshore