Friday, 25 July 2014
Last updated 32 min ago
Feb 12 2008 | 11:56am ET
U.K.-based private equity firm Lyceum Capital recently held a final close for its latest fund at £255 million (US$496 million). Lyceum Capital Fund II will invest, alongside management, in mid-British-headquartered service companies.
Lyceum II is the first fund raised by the firm since its May 2006 buyout. The new fund attracted commitments from 22 institutions and family offices in the U.K., U.S. and continental Europe, including AXA Private Equity, AlpInvest and F&C Group. Six of the investors were in Lyceum’s previous fund, while the balance are new investors.
“We are pleased to have exceeded our fundraising target with the continued support of current investors and a number of leading private equity investors from the U.K., U.S. and Europe who are investing with Lyceum for the first time,” Philip Buscombe, CEO of Lyceum, said. “We are seeing an increased flow of opportunities and continue to enjoy strong support from our banking partners.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…