Parallel Private Equity has committed £70m to Greenhill & Co's first European fundraising effort. The money is structured as a £70m draw-down facility over five years. Greenhill announced the final close of the fund on £191m in December 2007.
Majority investment from THL Partners sees Verdane retain a minority stake in the Swedish company
GP to acquire majority stake via Fund VIII; German group’s founders to reinvest in the deal
Italian GP has received EUR 230m in commitments to date for Fund V against a EUR 250m hard-cap