Wednesday, 1 October 2014
Last updated 40 min ago
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.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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