Thursday, 28 August 2014
Last updated 55 min ago
Feb 28 2008 | 11:56am ET
Vitruvian, the London-based private equity firm, has held a final close of its maiden fund at US$1.4 billion. Virtruvian Investment Partnership, a middle-market buyout fund, will deploy its assets in Northern Europe.
VIP will invest between €15 million (US$22.6 million) and €150 million (US$225.6 million) in the information technology, media, financial services, leisure and business services sectors, and made its first investment in an Internet search marketing agency last December.
“Our aim is to seek out opportunities where investment returns are not just driven by financial structuring and operational improvement, but rather by investing behind entrepreneurial managers who pursue compelling strategic opportunities,” said managing partner Michael Risman. “As a result, our strategy is less reliant on the availability of cheap debt and on the opportunities for cost cutting, and more focused on finding rapidly growing businesses with strong, strategically inspired management.”
Monument Group served as the placement agent for the fund.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...