US-based investment management firm Elliott Management has used its Elliott Capital vehicle to acquire a 12.79% stake worth around €140m in Madrid-listed amusement parks operator Parques Reunidos, which is controlled by Swedish private equity firm EQT.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
Perlego offers access to online textbooks for a subscription fee of £12 per month