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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...