Monday, 6 July 2015
Last updated 55 min ago
Jul 7 2008 | 10:51am ET
F&C Asset Management has held a final close at €173 million (US$271 million) for its European-focused mid-market private equity fund of funds, F&C European Capital Partners.
The fund, which attracted support from institutional investors from the U.K., the Netherlands and Germany, will invest in a range of mid-market buy-out and mezzanine funds, as well as directly in p.e. companies from across Europe, according to Hamish Mair, head of the firm's Edinburgh, Scotland-based private equity funds team.
“The credit crunch is lowering prices in the mid-market, but it is still possible for the main investors to arrange debt for buy-outs; this is a good combination from an investor's point of view,” said Mair.
F&C managed £101.8 billion (US$215 billion) in p.e., hedge funds and traditional assets as of the end of March.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…