NB Renaissance Partners (NBRP), the Italian private equity branch of US asset manager Neuberger Berman, has raised €850m for its third fund and expects to hit its €1bn target at final close by the end of March, according to a source close to the situation.
Gianpiero Lenza, Sébastien Mazella di Bosco, Petter Johnsson and Vincenzo Narciso have left the GP
Trade sale comes five years after Silverfleet acquired the metal finishing business from Equistone
Firms including Coller Capital and Adams Street backed the oversubscribed GP-led deal
Sale ends a six-year holding period for the GP, which acquired the company from Kering via Investindustrial V