Clessidra holds €320m first close for restructuring fund
Italian private equity firm Clessidra has held a €320m first close for Clessidra Restructuring Fund (CRF), its first vehicle dedicated to bank credits, with a special focus on unlikely to pay (UTP) exposures.
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Around 40 existing and new LPs, including British Patient Capital and the EIF, participated
HIG Capital launches HIG European Capital Partners III
Fund will invest in buyouts, recapitalisations and carve-outs of both profitable and underperforming businesses