VPSA Sells V2 FCPR Venture Capital Portfolio to TempoVest Fund II LP

V2 FCPR acting through its management company VPSA has
completed the sale of its portfolio of companies to TempoVest Fund II
LP; a Delaware limited partnership, advised by Tempo Capital Partners
("Tempo"), and capitalized by HarbourVest Partners. The complex sale
for an undisclosed price included a portfolio of 14 companies,
situated in nine different countries, including OneAccess Networks,
TES Electronic Solutions (formerly Thales Electronic Solutions),
Webify, Neophotonics, and Infusio.
Philippe Charquet, former President of VPSA, has joined Tempo as a
Managing Partner and will play a leading role in managing the assets
of TempoVest Fund II LP.
Tempo is a London-based specialist investment advisory firm which
acquires manages and realizes portfolios of venture capital
investments. Tempo is investment adviser currently to a number of
funds established in conjunction with leading fund-of-funds firms to
acquire venture portfolios in the secondary market. With aggregate
capital commitments to these funds amounting to some EUR 200MM and
some 50 investments overall, Tempo is now a leader in its field in
Europe.

VPSA (formerly Viventures Partners SA) was previously the venture
capital and private equity division of Vivendi Universal. Based in
Paris, France and Palo Alto, California, VPSA has managed committed
capital exceeding USD 500MM and investments in over 50 technology,
media, and telecom companies.

VPSA was advised by SJ Berwin, Morrison & Foerster, and Campbell
Lutyens, and Tempo Capital Partners was advised by CMS Cameron
McKenna.