ACE & Company raises $120m

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ACE & Company has raised $120 million in a first close for its ACE Buyout III. The co-investment vehicle has a $200 million target and has expected to close in the second half of 2017.

The fund has a primary focus on leveraged buyouts in North America, Western Europe and Asia-Pacific.    

Investors of the fund comes from a diverse group of private investors, and family offices in Europe, Asia, and the Middle East.