Brait Private Equity-backed high street clothing and accessories retailer New Look has proposed a company voluntary arrangement (CVA) that would include the renegotiation of its debt and the closure of 60 of its stores.
Vehicle is expected to hold a final close in March 2020, Unquote understands
Merger of German and Dutch peers will result in a client base of 3,500 companies
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
GP will support the Munich-based software company's growth by broadening its product offering