Denise Ko Genovese interviewed Elias Korosis, a partner at Hermes GPE, during the IPEM conference in Cannes on 23 January. Korosis discussed specialisation versus generalist funds, supporting emerging managers, the opportunities to be found in tough times, and more.
Held in Cannes over 22-24 January, IPEM gathered more than 1,900 industry participants to network and discuss the latest trends affecting the global private equity industry.
Austria-based electrical engineering company had filed for insolvency in April 2020
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Company has generated €12m in revenues and has a 25% EBITDA margin