European venture is currently experiencing a renaissance, with more and more overseas funds eager to invest. Germany in particular is attracting attention, with a large number of investment prospects emerging. Seven years after the German biotech euphoria and stock market boom that ended with the crash of the Neuer Markt, German venture capitalists are more optimistic than ever that a revival is underway.
What's in the report?
2007 - the vintage year: Seven years after the German biotech euphoria and stock market boom ended with the crash of the Neuer Markt, German venture capitalists are more optimistic than ever that a revival is underway.
The backbone of German private equity: A strong recovery of the domestic economy and a liquid debt market has driven German buyout activity to new heights in 2006. The theme so far this year is fewer but larger buyouts.
In a state of flux: In a highly competitive market, banks have become more lenient with regards to covenants and flexing down of margins. However, the frothy credit conditions are now coming to an abrupt end.
60 second interview: Maximilian Brönner of LGT Capital Partners and Christian Hollenberg of Orlando Management answer questions on the challenges they face..
