The Italy-focused firm is targeting a summer first close and a final close by year-end.
Peter Baird left Standard Chartered in November as it wound down its private equity business.
The mid-market firm has so far returned 67% of the capital from its $100 million debut vehicle across 3 exits.
View the latest capital raises
The healthcare-focused private equity firm will seek a slightly smaller amount and invest in fewer companies.
It is a good time to raise a debut fund, but there are some common mistakes that will scupper a would be Fund I, warns Karl Adam at Monument Group.
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