Strathdon Investments Plc, the technology investment company, has announced that it has formed a new LP fund with a major investor and that the first transactions have been completed. Strathdon’s subsidiary, Strathdon Finance Ltd, will manage the specialist secondaries venture capital fund to be called Strathdon Secondaries LP. The principal investor is a fund of funds with over EUR 1bn under management. The initial size of the Fund will be £6m with the ability to increase the commitment up to £20m.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater