ATP PEP holds final close of €1bn fund
ATP Private Equity Partners, the private equity arm of Danish pension fund ATP, has announced the final close of ATP IV K/S, a €1bn fund-of-funds.
The vehicle is entirely backed by the pension fund and will aim to make 20-25 commitments to buyout, growth capital, secondary, distressed and venture funds, according to reports.
It is believed that the fund-of-funds will continue to target Europe and the US, with typical commitments reported to be around €50m.
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