Thursday, 27 October 2016
Last updated 1 hour ago
Sep 17 2012 | 8:11am ET
European private equity firm Patron Capital has raised US$1.1 billion for its new Patron Capital IV fund.
Fund IV will seek to make opportunistic investments in distressed and undervalued properties and property-backed corporate situations, chiefly in Western Europe. The fund attracted investment from pensions, foundations, endowments and high-net-worth individuals.
Patron was assisted in the formation of the fund by the law firm Paul Hastings.