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Beringea Exit Organic Baby Food Company Plum Baby
8 June 2010 - London - Beringea, manager of ProVen Health VCT, has announced that it has sold the VCT's stake in Plum Baby. The realisation has been facilitated by the sale of the leading premium organic baby food company to Darwin Private Equity.
The ProVen VCTs are managed by Beringea, a specialist venture capital fund manager which has been established for nearly 25 years1. It is one of the most experienced managers of VCTs, having launched is first in 1996. Beringea manages the ProVen family of VCTs; ProVen VCT, ProVen Growth & Income VCT and ProVen Health (previously known as the Noble Health Fund VCT). ProVen Growth & Income VCT and ProVen VCT are the best and second best funds respectively of their launch years according to www.taxefficientreview.com.
1 Beringea was previously known as ProVen Private Equity and Guinness Mahon Development Capital.
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