Thursday, 24 July 2014
Last updated 1 hour ago
May 29 2007 | 10:27am ET
Helsinki, Finland-based Amanda Capital Group this month closed its €110 million (US$148 million) Amanda III Eastern Private Equity fund-of-funds. The fund exceeded its target size of €100 million (US$134.5 million) with 36 domestic and international investors committed, according to the firm, which has committed €10 million (US$13.5 million) to the offering itself.
CEO Petteri Änkilä said the fundraising has been successful both in terms of the amount of raised capital and number of investors. The fund invests in private companies in Russia and Eastern Europe through local private equity funds, and has already committed a total of €33 million (US$44.4 million) to four local private equity funds with exposure to Russian, Ukrainian, Romanian, Bulgarian and Polish companies.
Amanda Group currently has more than €1.3 billion (US$1.7 billion) of assets under management and has made investments in more than 100 private equity funds in Europe, the United States, Asia and Russia.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…