European P.E. Firm Readies Fund Aimed At U.S. Investors

Nov 11 2005 | 7:51pm ET

European-based fund-of-funds firm CAM Private Equity is readying to launch an offering aimed at giving U.S. institutional investors access to the European private equity market. The new fund will invest in funds that target the European mid-market buyout space, which CAM defines as enterprises with transaction values below €500 million. The target fund size is $200 million and the minimum investment is $5 million.

Rolf Wickenkamp, founder and managing partner, expects the first close in Q1 of next year, with a final close by the end of the year. The fund will have management fees of 1% that will remain constant during the investment period, which is 12 years, and then decline. The performance fee is a 5% carried interest subject to a hurdle of 8% per year.


In Depth

Q&A: Tsai Capital Founder Sees Long-Term Opportunities In Emerging Markets

Apr 10 2014 | 9:48am ET

Christopher Tsai, whose $28 million long/short hedge fund is up 29% since inception...

Lifestyle

Hedge Fund Manager's 'Iceberg Home' Melts

Mar 28 2014 | 4:58am ET

Bregal Capital founder Edmund Lazarus was set to get what many other London hedge...

Guest Contributor

AIFMD: Time To Back Up On Reverse Solicitation

Apr 8 2014 | 6:18am ET

U.S. fund managers are finding roadblocks to marketing in the European Economic...

 

Sponsored Content

Service Providers


Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…