BMO Global Asset Management raises €60m

The global investment manager gives investors the chance to access its co-investment activity.

The Castle Mount LP fund has held a first close at €60 million. The firm's multi-manager co-investment vehicle is targeting €300 million in total, to invest into European lower mid-market companies valued up to €500 million. The fund is expected to reach a final close in 2018.

Investors in the fund include institutional and high net worth individuals from Germany, the UK and Canada.