Wellington Holds First Close

Wellington Partners has held a Euro 50 million first close on its third life sciences venture capital fund. Limited partners include EIF, Bear Stearns, Credit Suisse, Merifin Capital, the Messerschmitt Foundation and the National Technology Enterprises Company of < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Kuwait. A final close on Euro 120 million is scheduled for this summer. www.wellington-partners.com< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />