Argos Soditic raises €520m

The European private equity group closes latest fund at hard-cap.

Euroknights VII has held a final close at its €520 million hard-cap, achieving a 30 percent increase on the firm’s previous fund which closed at €400 million in December 2010. The fund will continue Argos’ strategy of adding value through the transformation of difficult, unusual, complex or special situations.

The fund’s global investor base included new and existing relationships with pension funds, funds of funds, sovereign wealth funds and insurance companies.