Asset manager Adveq has promoted Sanjay Gupta to executive director.
Gyrus is fundraising for both its open-ended Cortex Fund and closed-ended Principal Fund
Funding will be used to scale the company's platform for the US and Asia markets
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Predecessor vehicle PEC III closed on $389m in October 2017 and is now fully deployed