Central European private equity fund Innova Capital and the European Bank for Reconstruction and Development are investing in EnergoBit Group, an electrical engineering services company in Romania. Innova Capital will become a controlling shareholder in the company.

Innova Capital has entered into the market of specialist medical services in Poland through its investment in the Ujastek Gynaecological and Obstetrics Hospital. The fund will spend around PLN 150 million ($45.5 million) on building a medical group focusing on medical care for mothers and children. PRESS RELEASE Innova Capital has entered the market of [...]

Go to where the growth is. That might be the best advice an investor can get. These days, the growth is in places like China, Brazil and India. And the California Public Employees’ Retirement System seems poised to benefit through a pair of investments in 57 Stars funds of funds. CalPERS made the investments in [...]

Private equity fund Innova Capital and two others will get a peek at the finances of Polish telecoms operator Netia in a move that could lead to one of them snapping up the group, Reuters reported Tuesday. Netia shares jumped by as much as 4.5% on the news, reaching levels unseen since 2001. Reuters reported [...]