Tuesday, 5 May 2015
Last updated 10 hours ago
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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…