SPAIN - Realza closes maiden fund on EUR 170m

JP Morgan, Crédit Agricole, management firm Gartmore, and pension funds Industriens Pensionsforsikring and Pohjola from Denmark and Finland respectively are among the funds investors, which are 95% European.

Realza has also appointed as president Javier Benjumea, former Mercapital partner and vice-president.

The fund will take majority stakes in Spanish SMEs valued between EUR 15-20m.

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