ALPHA Closes Eastern Europe Private Equity Fund

Oct 24 2007 | 11:55am ET

Another private equity firm has launched a fund focusing on Central and Eastern Europe. This time, Zurich, Switzerland-based fund of funds shop ALPHA Associates II held a final close for ALPHA CEE II at €309 million ($439 million). 

ALPHA CEE II will invest in a portfolio of private equity funds in Central and Eastern Europe with a focus on mid-market buyouts and expansion financing, purchase mature fund interests in the secondary market, and make selective direct co-investments.

To date, the fund has committed over 40% of its newly raise capital, according to the firm.

“We are pleased with the strength and quality of the deal flow we see in Eastern Europe, the entry valuations and the growth potential of our portfolio companies,” said Petr Rojicek, partner.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of