Lion Capital raises $1.35 billion for third fund
Lion Capital, a London-based private equity firm, has raised about EUR1 billion ($1.35 billion) for its third buyout fund. The overall target is EUR2 billion. Lion has around 40 backers, nearly all of whom were expected to invest in the new fund. Lion’s holdings include breakfast cereal maker Weetabix, noodle bar chain Wagamama, and, a recent acquisition, French frozen food retailer Picard Surgeles.
30 September 2010•2 mins read
