Tuesday, February 24, 2009

Bank Lehman Brothers is willing to sell their venture fund


24.02.2009

The American bank Lehman Brothers Holdings Inc said on Tuesday that he is willing to sell their venture fund investor group under the leadership of top managers of the units and the investment company HarbourVest Partners. Price possible deal, according to agency Reuters, has not yet been disclosed.

The unit in the event of successful completion of the transaction, will be renamed the Tenaya Capital. Under his management, will remain assets of $ 750 million

Lehman Brothers issued a declaration of bankruptcy on Sept. 15, 2008 Cost indicated in the list of assets exceeded $ 600 billion bankruptcy of Lehman will be the largest in American history. The Bank managed to sell some key assets, but quite a few deals with other companies are still not closed.

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