Saturday, 20 December 2014
Last updated 13 hours ago
Apr 17 2008 | 9:50am ET
Global buyout firm Advent International has closed ACEE IV, its fourth fund for investment across Central and Eastern Europe, at €1 billion (US$1.5 billion). ACEE IV will invest in companies requiring €30 million to €100 million of equity for growth.
“Central and Eastern Europe is now on the map for investors who are attracted by its combination of high growth and stability,” said Joanna James, managing partner. “This has served to raise the profile of the region, which is to the benefit of us all. Advent has invested three funds across Central Europe since 1994; there are many more businesses there that offer real potential for growth and cross border expansion.”
Chris Mruck, managing partner, added that some markets within the region are now “relatively mature, with buyouts the norm” while others are still developing and “offer great opportunities for pure growth.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.