Friday, 27 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…