Monday, 26 January 2015
Last updated 4 min 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.
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…