Robert Tchenguiz has raised his stake in Sainsbury's from 4.04% to 4.15%. It is thought the property tycoon is interested in working with the board of the UK supermarket giant to help it realise some of the value of its property. Tchenguiz has previous involvement in private equity deals, leading the team of investors that acquired Somerfield for £1.1bn in December 2005. Additionally, the Tchenguiz Family Trust participated in the £51.5m buyout of clothes retailer Phase Eight with Kaupthing Principal Investments in January 2007.
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
Amount includes the capital raised by Eurazeo Growth III, which has now collected more than €500m