Darwin Targets $409M For Maiden Private Equity Fund

Apr 11 2008 | 11:11am ET

British-based Darwin Private Equity said it has so far raised £207 million (US$409.2 million) for its inaugural fund. Darwin began fundraising for Darwin Private Equity I in May with a target of £250 million (US$494.2 million).

Jonathan Kaye, a partner at Darwin, said, “We are delighted with the support we have received from the investor community and are looking forward to a final close of the fund over the coming months.”

Darwin is also expanding its staff with the addition of two new professionals. David Coombs has joined from Morgan Stanley, where he was an associate in the Investment Banking division and Paul Burton will join the firm next month from PPM Capital, where he is a manager focused on mid-market buyouts.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

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

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.