Kennet Partners is a private equity investment firm that provides growth capital to information technology, Internet and business services companies in Europe and the US.Kennet Partners is headquartered in London, England, and has...
See More an office in Foster City, California. The firm raised its third fund in 2008 with €201 million, bringing total capital under management to over $600 million.Founding / historyKennet was founded in 1997 as Kennet Capital, a joint venture between technology investment bank Broadview International and asset management firm Electra Partners. In 2000, Kennet became a wholly owned subsidiary of Broadview. Following the downturn in the global technology markets, the partners of Kennet completed a management buy-out and became independent in April 2003. Kennet's first fund was primarily targeted at early-stage technology investments in Europe. With its second fund, Kennet began making growth equity investments in both Europe and the U.S., and today the firm focuses exclusively on providing growth capital.Funds and investmentsFrom founding in 1997 to June 2008, Kennet has raised three funds: 1997 Kennet I LP 2000 Kennet II LP 2008 Kennet III LP Institutional investors in the Kennet III fund include Access Capital Partners, Adveq, Alpha Associates, BNP Private Equity, Credit Suisse, European Investment Fund, LGT Capital Partners and Siemens.