A decade ago U.S. venture firms were considering European expansion
as firms like Accel Partners and Benchmark Capital led the charge. Accel
is still there and Benchmark’s unit spun out as Balderton Capital, but
most firms shelved their ambitions after the dot-com bubble burst.
But in 2007, Highland Capital Partners took the plunge, sending General Partner Fergal Mullen, a native of Ireland, to open the firm’s first European office in Geneva. Now, Lexington, Mass.-based Highland has added a second general partner, Laurence Garrett, formerly with 3i Group PLC, to its Geneva office.
We talked to Mullen about the investment climate in Europe and Highland’s plans there. Here is the edited interview:
To read the full, original article click on this link: Highland Capital Looks To Europe For Venture-Growth Deals - Venture Capital Dispatch - WSJ
Author: Russell Garland
