Reuters - Permira Cuts Fundraising Target
Private equity group Permira has cut its fundraising targets by nearly a quarter, amid a tough environment for private equity in the aftermath of the financial crisis, the Financial Times reported on Tuesday, writes Reuters. The company has informed investors it now plans to raise between 4 billion to 5 billion euros, down from the 6.5 billion euros ($8.47 billion) it was initially aiming to raise, writes Reuters.
7 March 2013•1 min read
