31 Oct 2008
Press Statement
3i, an international leader in private equity, has decided to close its venture capital office in Menlo Park at the end of the year, in light of its move away from new venture capital early stage technology investing.
3i’s strategy in North America is to focus on mid-market private equity and infrastructure opportunities.
Under Robert Stefanowski, appointed as Chairman and Managing Partner of 3i North America in September, 3i is focused on active partnerships with growing businesses and infrastructure projects across North America.
About 3i
3i is a world leader in private equity. We focus on growth capital, buyouts, infrastructure, and quoted private equity and invest across North America, Europe and in Asia. Our competitive advantage comes from our international network and the strength and breadth of our relationships in business. These underpin the value that we deliver to our portfolio and to our shareholders.
