Gambling business Codere has received approval for its IPO from regulator CNMV. It is understood that the business will float a 25% stake. The price, to be set on 23 October, is expected to be set at around EUR 21-26 per share, valuing Codere at approximately EUR 1.3-1.4bn.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital