GPs typically have around 10% of their fund dedicated to follow-on investments, but most often will not use it all for one company, so secondaries player DWS has found that offering a mid-cycle co-invest can be an option to capitalise on opportunities. Denise Ko Genovese reports
Waterland-backed Danish company Helgstrand Dressage has acquired and merged with equestrian show jumping business Ludger Beerbaum Stables.
GP is deploying equity from Zefyr Invest III, and Bramidan is its third acquisition from the vehicle
GP invests in the company via Mérieux Participations 3, which closed on €377m in January 2020
Hurst Point Group was established in 2019 to facilitate investment by Carlyle in UK wealth management