So much for the Venture Crunch; DFJ monies up, buys 3i Portfolio

Another top-tier venture capital house, DFJ’s European outpost DFJ Esprit, has found enough money to open another fund – in fact, two funds totaling $495 million…
—With the first, DFJ Esprit III, the VC firm is making €150 million available for “most exciting early and later stage technology companies across Europe”. Backers include European Investment Fund, Finnish Industry Investors, Partners Group, JP Morgan, LGT Group and Harbourvest.