DeA Capital's first corporate credit recovery fund, Idea CCR I, has reduced its holding in Italian paper manufacturer Cartiere Pigna, by selling a 20% stake in the business to office products supplier Buffetti.
Sale of trackball manufacturer brings to an end a three-year holding period for the fund manager
Fund is larger than its predecessor, Quadrille Technologies III, launched with a €100m target
SCERS's staff, along with Cliffwater, contemplate an overall commitment of up to $100m
Care operations of Aleris in Norway, Sweden and Denmark will be acquired by Ambea for SEK 3bn