Endless Closes Second Private Equity Fund At £164M

Feb 28 2008 | 12:29pm ET

It seems fundraising was a little easier for Endless the second time around.

The U.K.-based private equity firm has held a first and final close on its new investment vehicle, Endless Fund II, with commitments totalling £164 million (US$326 million).

Endless II is the first institutionally backed fund for the buyout and turnaround investor, which was established just over two years ago. The new fund will make debt and equity investments in turnaround situations.

“With the recent deterioration in both economic expectations and credit markets, the investment opportunities available to us are noticeably increasing and so the timing of closing this fund is ideal,” managing partner Garry Wilson said.

Endless last week announced the appointment of Del Huse as managing director of its new London office bringing it to a total of 24 people operating across the U.K.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...