The Surrey-based firm, which is targeting £20m for its UK Special Situations Fund, has so far collected £6m from a total of 30 investors and aims to complete its fundraising this autumn.
2 min read · 20 September 2013
The Italian insurer is planning to offload a private equity portfolio which is valued at approximately €500m. The sale is in ‘advanced stages’, according to a source familiar with the matter.
1 min read · 20 September 2013
The increase in allocation to private equity is driven by a greater need for sovereign wealth funds to diversify from public equities and to achieve higher returns, according to a study.
3 min read · 20 September 2013
The appointment of Renée Beaumont, a former managing director at Goldman Sachs, comes as Providence is expected to hold a $5bn final close on its Fund VII next month.
2 min read · 20 September 2013
During a conference call 3i's chief executive Simon Borrows said it had been an ‘excellent year for realisations’ - but blamed 'pretty fruity' prices for 3i's lack of investment activity.
3 min read · 20 September 2013
The London-listed firm has secured its second exit in a week, after selling its 36.5% stake in HTC Sweden to Nordic firm Polaris Private Equity for approximately £40m.
3 min read · 20 September 2013
The European Investment Fund, which has secured commitments from Crédit Coopératif and Deutsche Bank, is raising a fund of funds to attract mainstream investors.
2 min read · 20 September 2013
The Texas County & District Retirement System is considering investing in Adelis Equity Partners I, which is targeting €300m for lower-mid market investments in Scandinavia.
2 min read · 20 September 2013
The Swedish firm aims to raise the same amount as its 2008-vintage Fund III.
1 min read · 20 September 2013
The London-listed firm has so far attracted €90m from investors, including UK, Dutch and German pension funds, for its F&C European Capital Partners II, a European mid-market fund of funds.
2 min read · 20 September 2013
