Terra Firma is to write off its remaining investment in Four Seasons Health Care after an alternative financing proposal was put forward by the company's major creditor.
Secondary buyout sees San-Francisco-based GP pre-empt auction for Italian generic drugmaker
GP makes series of promotions and appointments following GBP 2.5bn fundraising earlier this year
Enact III is more than three times the size of its predecessor fund, which closed on GBP 30m in 2019
Andre Retterath and Paul Klemm are existing team members, while Vincenzo Narciso joins from Px3 Partners