Sunday, 19 April 2015
Last updated 2 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…