As a surprisingly high number of newcomers reach successful fund closes despite continued turbulence in the fundraising market, Warren Hibbert of Asante Capital explains how maiden vehicles are finding success where many well-established players are falling by the wayside.
According to Hibbert, founding and managing partner of placement agent Asante, to explain the speed in which first-time funds are raising when compared to long-standing brand names, the fundraising market...
GPs will support the group's expansion and focus on digitalisation
Fresh capital will be used to improve the platform's technology and expand the company's trader network
Exiting investors reap a 1.7x multiple and 20.5% IRR following the sale
EBRD and Global Finance exit the business after investing €23.5m in 2011