The $1bn high court case involving liquidators of Hellas Telecommunications, Apax and Texas Pacific Group (TPG) surrounding the 2007 sale of the telecommunications business has been adjourned until Friday 16 February.
Gyrus is fundraising for both its open-ended Cortex Fund and closed-ended Principal Fund
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Predecessor vehicle PEC III closed on $389m in October 2017 and is now fully deployed
Arlington expects to put fresh capital into the business and grow it through acquisitions