In a time when many international GPs are raising large funds for distressed assets, Halder has bucked the trend to raise a traditional mid-market buy-out fund. GIMV Germany II reached its hard cap of EUR 325m after just three months, comfortably surpassing its EUR 275m target.
Gyrus is fundraising for both its open-ended Cortex Fund and closed-ended Principal Fund
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
Arlington expects to put fresh capital into the business and grow it through acquisitions