An €85 million venture capital fund aimed at high-tech firms was announced by Minister for Enterprise Batt O’Keeffe this morning.The Atlantic Bridge II Fund, which is being supported by Enterprise Ireland’s Seed and Venture Capital Programme 2007-2012, will focus on Irish and European high-tech firms with strong international growth prospects.
The fund will be managed by Atlantic Bridge Partners which has €250 million under investment.
Atlantic Bridge is expected to invest between €5 million and €20 million in each successful firm with a typical investment cycle of five to eight years.
To read the full, original article click on this link: O'Keeffe launches €85m capital fund - The Irish Times - Mon, Nov 15, 2010
Author: STEVEN CARROLL
