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July 11th, 2002

Ariadne Capital Names Lionel Anthony to Board of Directors

Ariadne Capital has appointed Lionel T. Anthony, a key builderof the UK venture capital industry over the past 25 years, to its Board of Directors. Anthony is the founder of private equity firm Cinven and venture capital fund Causeway Capital Group. He also served as chairman of the British Venture Capital Association [BVCA] in 1987 and 1988, and was later chairman of the MBO/MBI* committee of the European Venture Capital Association [EVCA] in Brussels.

Anthony established the in-house venture capital facility for the Coal Board Pension Funds, which later became Cinven. Cinven gained its independence from the Coal Board and is now one of the leading providers of private equity for large European buyouts. Anthony understood early on the important part that small, innovative companies could play in the regeneration ompany. These activities aimed at supplying working capital to expanding companies where equity was not available. His biggest creation there was CIN Industrial Finance in 1997 that later became known as Cinven.

Since founding Causeway Capital he has been responsible for raising more than 11 investment funds, often from major US and European institutions. These included two funds dedicated to smaller publicly listed companies and two mezzanine partnerships. Ariadne Capital is a European venture capital group formed in December 2000 by Julie Meyer and Bundeep Singh Rangar, who were joined by Senia Rapisarda in early 2001. The London-based firm says that approximately 120 companies approach it each month seeking assistance in accessing capital, innovation, talent and customers.

Michel Doric is appointed Senior Executive Vice-President of Selligent's European, Middle East and African operations

Selligent, a vendor of CRM (Customer Relationship Management) services, has announced the promotion of Michel Doric to the position of Senior Executive Vice-President responsible for Europe, Middle East and Africa. Prior to taking up this new position, Michel was Vice-President of Selligent's Southern European Region based in Paris. While Vice-President of Business Development in his native France and in Southern Europe, Doric was instrumental in creating substantial sales for Selligent. Under his guidance, the Southern European market place grew by 30% over the last two years, resulting in the establishment of a subsidiary in Spain and two distribution partners in Italy.

"We appreciate the tremendous contribution Michel has made to Selligent's expansion over the last five years," said André Lejeune, Chief Executive Officer, Selligent. "As Senior Vice-president Europe, Middle East and Africa, Michel will expand his horizons"
 


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