History

Azini Capital was established by Michael Bennett and Nick Habgood who worked together between 2000 and 2006 building and managing a £120 million venture portfolio for a corporate investor. It was during this period that the relationships with Lexington Partners and Greenpark Capital (now StepStone) were formed.

2014

• Raised Azini 3 –$100 million third fund focusing on direct secondary opportunities.
• Acquired 19% interest in AIM listed Kalibrate Technologies (KLBT).

2013

• Completed the successful sale of OB10 to Tungsten Corporation plc.
• Completed sale of US portfolio company Centerbeam to Nasdaq listed Earthlink Inc.
• Completed the sale of Mobixell Networks.

2012

• Completed the sale of Starhome BV.
• Successful sale of interest in Frontier Silicon Limited to Toumaz Limited (AIM: TMZ).
• Completed the successful sale of Investis Ltd.

2011

• Successful sale of Digital Fuel Technologies to VMware.
• BlueArc acquired by Hitachi Data Systems Corp.
• Completed the acquisition of OneSpin Solutions from Apax Partners and Infineon AG

2010

• Completed the sales of Portrait Software and Focus Solutions from Azini 1.
• Completed the acquisition of a portfolio of 16 companies from Apax Partners with $100 million of backing from Lexington Partners.
• Completed the sale of Streamserve from Azini 2.

2009

• Heads down, working with the existing portfolio companies.
• Starting working on Project Berkeley – the acquisition of the Apax Partners’ technology portfolio - which was finally closed in October 2010.

2008

• Completed the acquisition of two individual public (AIM listed) companies.
• Acquired the Lynx Capital Ventures fund and General Partner from J P Morgan.
• Moved to Farm Street, near Berkeley Square in London.

2007

• Azini Capital’s founders put themselves into business with a view to developing Azini Capital as an independent firm specialising in direct secondary transactions.
• Completed the first acquisition of a small portfolio of private and public companies from publicly listed property company CLS Holdings plc. with the backing of Lexington Partners and Greenpark Capital (now StepStone).

2006

• Opened first office in Kingston upon Thames – no windows or natural light.

2005

• Founded Azini Capital Partners LLP.
• Secured FSA authorisation