Isobel Markham
Disruptive Capital Finance, the family office chaired by Edi Truell, has upped the target for its primary fund from £500m due to investor demand.
Global fundraising figures for the first quarter show increasing amounts of capital managed by fewer funds, according to PEI data.
The haul includes £100m of institutional capital for its second vehicle, PEI has learned.
Karl Eidem, previously a senior principal at Doughty Hanson, will co-head the Nordic region alongside Gareth Whiley.
The firm, led by Wol Kolade, has created the board to provide advice and an external perspective on critical issues that impact Livingbridge’s business and investment strategy.
The new manager is targeting €185m to invest in information and tech-enabled services companies in Europe.
Former Ford Foundation director Clinton Stevenson will oversee the division which works across asset classes.
The sale comes as the newly-named firm seeks to raise up to £1bn for its first independent fund.
The open-ended Triton Value Fund will take minority positions in publicly-listed companies.
The promotions follow the successful double closing of HgCapital 8 and Mercury 2.