The French arm of 21 Invest has held a €230m final close for its fifth generation vehicle, although the fund has an investment capacity of around €300m, thanks to a co-investment programme designed for the fund's LPs.
LP demand is high but met with a lack of high-quality offerings, according to a Rede survey
Copeland joins as investment manager in Birmingham and Baker is promoted to investment director in London
Merchant Banking Division of Goldman Sachs to buy a majority in the French budget hotel chain
GP is currently investing via its second fund, which held a final close on €235m in February 2017