DFJ partners with Esprit in Europe, to form DFJ Esprit
Draper Fisher Jurvetson, the Menlo Park, Calif. venture capital firm, has acquired a strategic stake in Esprit Capital Partners of Europe.
Esprit, which has offices in London and Cambridge, U.K., has rebranded as DFJ Esprit and is now DFJ’s exclusive partner in Europe, the firms said in a statement currently on Esprit’s home page.
DFJ Esprit is the latest addition to the DFJ Network of venture capital partnerships, which now includes 120 investment professionals in 30 cities around the world, DFJ said.
Esprit, which has about $560 million under management, itself formed last year with the merger of U.K. firms Cazenove Private Equity and Prelude Ventures. It invests in technology and health care.
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