Saturday, 30 May 2015
Last updated 10 hours ago
Feb 26 2007 | 11:13am ET
AIG Global Investment Group has acquired an interest in some 28 private equity funds from French investment firm Eurazeo for US$214 million, it said today. The majority of the funds are U.S.-based, with most of the rest based in Western Europe.
“AIG Global Investment Group continues to focus on the acquisition of private equity assets on the secondary market,” Herbert Lambert, head of global secondaries at AIGIG, said.
The limited partnership commitments being taken over by AIGGIG are valued at about US$520 million, and are 91% funded.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…