Chase Capital Partners, the venture capital arm of Chase Manhattan Corp., announced two new investments this week-one in a German telecommunications company and the other in two metal suppliers to the transportation industry.

Chase Capital and Formus Communications said they have made a commitment to jointly invest in Arcis Mediacom Management GmbH, a telecom company in Munich. Arcis has recently been awarded national and regional licenses that allow it to provide fixed and mobile telecommunications throughout Germany.

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