Sofinnova Partners a winner in prestigious awards event Sofinnova

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Sofinnova Partners a winner in prestigious awards event

24/11/2005

Paris, 24 November 2005 - Sofinnova Partners is one of the 10 winners in the 2005 European Private Equity Awards.
Sofinnova was voted Fund of the Year by a panel of judges led by INSEAD and Real Deals magazine. The judges noted that Sofinnova had closed its fifth venture fund of €385 million, Sofinnova V, after just five months on the road, exceeding its original target to raise the largest European venture fund since the collapse of the technology bubble five years ago.

Jean-Bernard Schmidt, Managing Partner, accepted the award at a gala ceremony in Paris organised by EVCA, INSEAD, and Real Deals. The purpose of the awards was to acknowledge and celebrate the excellence demonstrated in 2005 by winners of awards in ten categories.

The other winners were 3i (House of the Year and Large Deal of the Year), Advent International (Middle Market Buy-out of the Year), Hawkpoint (Corporate Financer of the Year), Barclays Capital (Debt Provider of the Year), Isis Equity Partners (Growth Capital Deal), Helix Associates (Boutique of the Year), and SJ Berwin (Law Firm of the Year)

Introducing the awards, Sir David Cooksey, Chairman of EVCA, said, “These awards clearly demonstrate the current diversity and depth of private equity and venture capital in Europe. They are great examples of what our industry is about and what it can achieve.”

2005

Click here for the site of Sofinnova Ventures, our sister firm in San Francisco http://www.sofinnova.com