GED has raised a secondary tail-end fund that has acquired the portfolio of its first Iberian fund, GED Iberian.
This is the sixth fund raised by the Spanish and south east European mid-market private equity firm, and the first in a series of direct secondaries funds. The transaction was made possible in part by...
Fund's predecessor, Capzanine 3, also closed on its €350m hard-cap in 2013
Deal marks the second acquisition for the GP’s third vehcle, Quadrivio Private Equity Fund 3
Deal follows a similar investment in the oil exploration business earlier this year
Adveq invests €10m, while HPE Growth Capital provided the initial €20m in May