Wednesday, 17 September 2014
Last updated 1 hour ago
Aug 7 2007 | 10:45am ET
U.K.-based buyout shop NBGI Private Equity has held a first close of its second fund with £62.5 million (US$127.3 million). The firm, which said it has already secured underwriting of £100 million (US$203.7 million), is looking to further diversify its investor base with third-party commitments.
The new fund will invest in buyout deals in the £5 million (US$10.2 million) to £50 million (US$101.9 million) transaction size range in established businesses in buy & build, consolidation, and turnaround plays. “'We are delighted to have secured underwriting of our new £100 million fund,” said CEO Pavlos Stellakis.
“The commitments received to date and the continuing interest from investors is testament to the market leading track record we have built with our first fund. Although the new fund is larger than the first, we intend to stay firmly focused on our target investment size and sector, namely established small to mid-sized businesses in the U.K. and Ireland.”
NBGI Private Equity was formed to invest in established small to medium-sized "traditional economy" businesses across the U.K.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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