Thursday, 5 March 2015
Last updated 3 hours ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…