Investors mull short-term returns as VC funds dry up

Sarah Hills
01 Jul 2008

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The venture capitalist (VC) funds that assist major acquisitions have started to dry up and will now be directed towards investment activities with short-term returns, according to industry figures.

The speculation followed recent activity in the market that has pointed to a slow down in acquisitions, including Oval's move to put all acquisitions on hold for the summer and reports that Towergate chairman Peter Cullum had broken off talks to sell a stake of approximately 25% to private equity firm

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