EUROPE - Unigestion to raise two funds in 2009
According to reports, Geneva-based Unigestion will raise two new funds in 2009: a secondaries fund targeting EUR 150m, and a sustainable development vehicle with a USD 250m target.
The global sustainable development fund, which is expected to close this summer, aims to invest around 30% of its allocations in early-stage investments, 30% in expansion deals, 30% in infrastructure, and 10% reserved for other deals.
Unigestions's last fund, Unigestion V, was raised in 2007 and has currently invested 65% if its EUR 181m commitments.
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