Manufacturing Industry
CANDOVER INVESTMENTS PLC - Candover raises [euro]3.5billion for 2005 Fund.
PR Newswire UK Disclose, November, 2005
For immediate release 10th November 2005
Candover raises [euro]3.5 billion for 2005 Fund
Candover*, a leading European buyout specialist, today announces the final
closing of the Candover 2005 Fund with total commitments of [euro]3.5 billion
compared to its target of [euro]3.0 billion. The Fund was significantly oversubscribed beyond the hard cap of
[euro]3.5 billion.
The 2005 Fund, which was raised in just over six months, has received
commitments from 106 investor groups worldwide, including Candover Investments
plc, which has invested a total of [euro]500.0 million. Eighty per cent of
commitments have come from existing investors including CalPERS, Canada Pension
Plan, The Metropolitan Museum of Art, HarbourVest, Princeton University and ...
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