Six bidders have entered the second round of bidding to acquire a EUR 500m stake in Cinven and Candover-backed publisher Springer Science and Business Media, with four comprising major buyout houses.
Managing director Craig Ferguson discusses accelerated deployment activity during the pandemic and plans to scale up the PE allocation by 2025
Fund has a target of $600m, which it plans to reach by next year, according to Kommersant
Existing investors including Institut Català de Finances also take part in the financing
Biotech company initially raised €12m in December 2018