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

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note