Fundraising

Multiple fee layers, high minimum investment tickets and a painful J-curve have deterred many wealthy families from investing in the asset class, says Richard Clarke-Jervoise, a partner at Stonehage Fleming.

The Paris-based firm is also closing in on a first close for its latest fund of funds.

The firm’s eighth flagship fund, Wind Point Partners VIII, expects to hold an interim close on its way to its $750m hard-cap.

Two government-backed investors have committed capital to InFrontier, Afghanistan's first private equity fund.

The private equity firm beat the target for Adveq Europe VI, which will invest in primary, secondaries and co-investments.

Elaghmore Partners will target UK-headquartered operationally challenged businesses.

The global firm has rounded up $711m for its ‘Next Generation Technology Growth Fund’, which included a sizeable GP commitment.

The firm has amassed more than €450m across two if its private equity strategies.

‘We feel the full support of our investors’, says CEO Mario Fera, as the firm makes 3x its money from the fund’s first exit.

As it prepares to sever ties with its listed affiliate, the newly named Epiris, led by Alex Fortescue, is looking to raise fresh capital early next year.