Market players are expecting the underlying portfolios of private market funds to see an average 9.5% drop in value by the end of Q1 2020 (compared with Q4 2019), according to a recent survey from Setter Capital.
UCL Technology Fund closed on £50m in January 2016 and is now fully deployed
All five lawyers have joined from Clifford Chance and will focus on mandates for private equity firms
Deal is part of a buy-and-build strategy pursued by the GP to strengthen Italcanditi's market position
Tavola already owns Frische und Service's Swiss market peer Ceposa, which it acquired in 2018