Thursday, 21 August 2014
Last updated 4 hours ago
May 7 2008 | 12:13pm ET
Private equity firm PAI Partners has closed its PAI Europe V at €5.4 billion ($8.5 billion).
The fund received commitments from some 130 investors from 23 different countries, with 63% of funds coming from Europe, 26% from North America and 11% from Asia and the Middle East.
PAI Europe V will continue PAI’s strategy of acquiring businesses in the services, capital goods and consumer goods sectors with €500 million (US$776 million) to several billion euros in enterprise value in Europe.
Dominique Mégret, chairman and chief executive officer of PAI, said the firm will continue to invest in companies that are “clear leaders in their markets with a view to creating strategic value and delivering strong returns to our investors.”
PAI manages and advises dedicated buyout funds with an aggregate equity value of over €11 billion (US$17 billion) and has offices in Paris, London, Madrid, Milan, Munich and Luxembourg.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note