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ProVen becomes Beringea

Following its merger with US private equity and investment banking firm Beringea – see evcj September 2002, page 3 – ProVen Private Equity has changed its name to Beringea Limited.

There will be no significant changes to the business as a result of the change in name and the firm will continue to focus on private equity investment in the media and entertainment sectors and will begin raising a new healthcare fund. The business will be relocating at a later date.