
France unquote" July/August 2011
Chequers Capital and Apax France have closed their latest funds on €850m and €700m respectively, joining the list of French mid-cap firms that successfully hit the fundraising trail in recent months.
Chequers Capital XVI was launched in March this year with an €800m target. According to the GP, the vehicle was oversubscribed and voluntarily limited to an €850m hard-cap in order to stay focused on its mid-cap strategy – it could have potentially attracted €2.3bn worth of commitments.
Of the 55 LPs invested in Chequers’ previous vehicle, 45 decided to commit to the new fund. They were joined by 10 new LPs, bringing the total LP base back up to 55 investors.
In the July/August 2011 issue of France unquote":
* Tech investments in need of higher gear?
* Q&A: Montefiore's Eric Bismuth on the mid-market
* And more...
Download the latest digital edition of France unquote" now!
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater