Saturday, 20 December 2014
Last updated 12 hours ago
Jun 6 2007 | 1:37pm ET
U.K.-based Indigo Capital Limited has raised its fifth European mezzanine fund, closing it at its hard cap of €550 million (US$743 million).
The fund was opened only to existing investors and a handful of new investors, according to the firm, which added that investor demand was substantially in excess of the hard cap. The majority of capital commitments to Indigo Capital V were made by pension funds, with financial institutions, insurance companies and even governmental agencies also kicking in capital for the new offering.
The new vehicle will make mezzanine investments in amounts from €10 million (US$13.5 million) to €50 million (US$67.5 million), and larger investments up to €100 million (US$135.1 million) may also be underwritten, according to the firm.
Indigo was established in 1999 and previously raised €475 million (US$641.7 million) for its fourth fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.