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Venture capital investor praises new Neuer Markt rules

A leading private equity investor in Germany has come out firmly in favour of the Deutsche Börse's attempts to tighten the regulations on its high growth exchange, the Neuer Markt.

Max Burger-Calderon, a partner at private equity firm Apax and deputy chairman of the European Venture Capital Association, welcomed the Deutsche Börse's proposals for stricter rules, including for example obligatory disclosure when a company director sells or buys stock. &quotThis is remarkable progress,&quot he said in an interview with monthly magazine vision &#43 money.

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