Following weak deal volumes in Q1, which returned to 2008-2009 levels, UK private equity has turned a corner and participants remain optimistic, according to the latest unquote” UK Watch, in association with Corbett Keeling.
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