Palatine Private Equity Fund II Raises £150 Mln

Palatine Private Equity, the U.K. private equity firm, has closed its second fund at its hard cap of of £150 million (US$224.1 million). Fund II consists of £100 million from existing investors and £50 million from new investors. New investors include GE Pension Trust (US), Nippon Life (Japan), a large German based insurance company and a family office based in London. Palatine invests between £10m and £25m of equity in regional lower mid-market deals.

11 July 2013•2 mins read
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