BERLIN, Feb 26 (Reuters) - European investment fund StarCapital is launching preparations for a sale of German cablegroup Pepcom as well as of a stake in Eleclink, a companyrunning a power cable connecting Britain and France, two peoplefamiliar with the matter told Reuters.
Star Capital has asked HSBC, which is leading arefinancing of Pepcom, to explore options for the company, oneof Germany's largest cable operators, the sources said onThursday.
A bank is to be appointed soon for Eleclink, one of thepeople said.
Star Capital is also considering raising a fund of around800 million euros ($904.2 million) in response to demand frominvestors, the person added, declining to be identified sincethe matter is private.
Star Capital and HSBC declined to comment. Pepcom was notimmediately available to comment.
($1 = 0.8847 Euros) (Reporting By Freya Berry and Arno Schuetze; editing by JasonNeely)
HSBC Holdings (HSBA)