Border to Coast Pensions Partnership (BCPP), a £43bn partnership of 12 UK local government pension schemes (LGPS), is planning to commit up to £500m to private equity during the financial year 2019/20, Unquote has learned.
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