ARCIS Closes $502M Secondary Buyout Fund

Sep 18 2008 | 7:34am ET

The ARCIS Group, a private equity shop with offices in New York and London, has raised €354 million (US$502 million) for its fourth secondaries buyout fund.

ESD Fund IV has already invested approximately 20% of its dry powder to work, according to the firm, having completed deals in the U.K., France, Germany and Benelux. It will look to provide an exit for private equity investors in European buyout funds and companies.

“The need for liquidity in private equity should continue growing significantly as, in difficult market conditions, more investors face the need to realize or restructure their investments,” said Arnaud Isnard, managing partner.


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...

 

From the current issue of