Monday, 2 March 2015
Last updated 13 min ago
Sep 28 2007 | 11:30am ET
Swiss buyout shop CGS Management last month held a final close on its second fund, CGS II, at 130 million Swiss francs (US$111 million). Investors in the new offering include leading European Banks, private equity funds of funds and family offices.
CGS II will continue the firm’s buy-and-build strategy and focus mainly on small buyouts of companies with revenues ranging from $8 million to $68 million located in Switzerland, Germany and other European Countries. The fund will acquire 15-20 companies and in four to five industry groups such as machinery and equipment, electronics and engineering, and plastic production.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…