Teamviewer CEO Oliver Steil and Teamviewer CFO Stefan Gaiser pose next to the bull statue in front of the stock exchange in Frankfurt am Main, western Germany, on September 25, 2019.This story is available exclusively to Business Insider subscribers.One of the oldest venture capital companies in the US, Bessemer Venture Partners, plans to establish staff permanently in London as it looks to boost investment into Europe.
Industry sources told Business Insider that the venture capital firm, which has invested in Pinterest, Shopify, LinkedIn, and Box, plans to establish an office in London this year, to be led by one of its partners, Alex Ferrara, who is currently based in the US. Ferrara told Business Insider that Bessemer had "no specific plans to open in London.
Ferrara acknowledged there was a "mismatch" between the firm's investments in Europe and its lack of presence "on the ground."
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