Venture-style Euroinvestors emerge

Second of two parts

While London's busy venture capitalists report that they have not been inundated with proposals from Germany, the reason may be that Anglo-Saxon-style venture capital is becoming more widely accepted on the Continent. Indeed, the message from German venture capitalists is that they are being overwhelmed by applications for finance from their growing fund base.

For example, TVM Technology Venture Management anticipates investing 45 percent of its new TVM III fund in German life sciences and high-tech prospects. The fund, initially capped at DM150 million, already has raised more

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