Wednesday, 23 July 2014
Last updated 2 hours ago
Mar 13 2008 | 2:00am ET
Swiss private equity firm Capvis has held a final close of its Capvis Equity III with € 600 million (US$921 million) in commitments, exceeding the original target of €500 million.
The fund secured commitments from new and existing investors, including a broad range of global institutional investors, family offices and endowments.
Zurich-based Capvis takes controlling equity interests and works as an active partner with management teams in company spin-offs and shareholder buyouts of companies typically with €50 million to €400 million in enterprise value, in Switzerland, Germany and Austria.
MVision Private Equity Advisers served as global financial advisor and exclusive placement agent for the fund.
Jul 8 2014 | 10:48am ET