France-based GP NewAlpha Verto Capital has held a €100m first close for its first fund, and plans a €150m second close next year.
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