Patron Capital Raises $1B For European P.E. Fund

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.
 


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