Isobel Markham
Nordian Capital handled the sale for Dutch bank Rabobank, from which it spun out in September
The media monitoring business was acquired by US rival Cision
The sale of Era – the firm’s third exit from Alcedo III – repays nearly 100% of the fund’s called-up capital
The fund is almost three times larger than its predecessor
The fund will focus on investments in mid-sized companies in the GCC region
The exit comes days after PEI revealed the firm was 80% of the way to its fund target
The firm is providing growth equity to arago to support its global expansion
The Israeli fund of funds manager will deploy 50 percent of the capital in the US and Europe
The new hires will join the soon-to-be-renamed firm in London and Manchester
The two partial exits follow the successful raise of the firm’s fourth Asia-Pacific fund earlier this year