Victoria Robson
The global buyout firm has closed its eighth flagship fund $1bn above its target on an overwhelming amount of re-ups.
The UK mid-market firm’s acquisition of a majority stake in UK pet food company MPM is the third from ECI 10.
The German-listed firm’s latest UK operations hire, Ben Paice, will be placed at investee company Allied Healthcare.
The asset management firm is targeting up to $500m.
Wise SGR is the latest fund to reach final close, hitting its €210m hard-cap.
The fund has held a first close on 80 percent of its €750m target.
The Lancashire County Pension Fund and the London Pensions Fund Authority, which have already agreed to combined their £11bn assets, are talking with other schemes to achieve critical mass.
The Paris-based firm that specialises in cross border investments in China is raising its third small-cap vehicle, seeking more European, US and Middle Eastern LPs.
The BVCA is in ongoing discussions with the UK Treasury over changes to the law governing limited partnerships in England.
The listed vehicle realised 10 investments from its underlying funds last year, according to its first annual report.