Private Equity Week Wire for Friday 12/15

? FRANKFURT, GERMANY — AC Ventures, the venture capital unit of Andersen Consulting, has acquired a 14% equity stake in appsolut software GmbH. The core product line of Offenbach, the Germany-based software company is the appsolut Enterprise Portal Suite. It enables rapid and cost-effective integration of all company data and applications into a browser-based user interface through a code-free, visual assembly approach.

? NEW YORK — Brown Raysman Millstein Felder & Steiner LLP, an international law firm focusing on technology law and intellectual property, announces that Dana Scott Fried, 42, has joined the firm as Partner in its ERISA, Executive Compensation Practice. Based in the New York Office, Mr. Fried will focus on all ERISA, employee benefits and executive compensation matters in the context of mergers and acquisitions, corporate finance, venture capital, bankruptcy proceedings, investment issues and litigation.

? SAN FRANCISCO & SAN JOSE, CA — PricewaterhouseCoopers, the world’s largest professional services organization, and venture capital research firm VentureOne Corp. announced today that they are combining their quarterly surveys of US venture capital activity. Both entities track venture capital investments in emerging private companies, and will collaborate on this research beginning with the fourth quarter of 2000 summary, for release in early February 2001.