Saturday, 30 May 2015
Last updated 23 hours ago
Jul 30 2013 | 11:10am ET
Italian private-equity firm Consilium is readying its third fund.
The Milan-based firm hopes to raise €150 million for the buyout fund, with a €200 million hard cap, Financial News reports. If it exceeds the target, it would be the eight-year-old firm's largest to date; its second fund closed with €150 in 2007, €50 over its target.
Consilium joins a crowded field of Italian p.e. shops seeking to raise new funds. Some 15 firms hope to raise a total of €4.3 billion, and none have managed a close yet this year.
Consilium spun off from fund of hedge funds Kairos Partners in 2005.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…