Mid Europa Raises $2.1B For Third Private Equity Fund

Oct 24 2007 | 11:58am ET

Mid Europa Partners, a private equity firm focused on buyouts in Central Europe, has closed its third fund, Mid Europa Fund III with capital commitments of €1.5 billion (US$2.1 billion).

Mid Europa’s latest offering secured the bulk of its commitments from pension plans and funds of funds, according to the firm. European and North American investors accounted for 50% and 36% of total commitments, respectively, with the balance of 14% coming from the Asia Pacific and Middle East regions. 

Fund III will typically invest between €50 million to €200 million in cash-flow generative companies with enterprise values of up to €1 billion.

Thierry Baudon, Mid Europa’s managing partner, said: “With our second fund already 80% invested in less than 24 months, this new investment vehicle will allow us to continue to take advantage of the rapidly expanding flow of quality buyout opportunities in Central Europe.”


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note