ACG acquires Gimar fund of funds

Following the deal, Laurent Gillot, director, and Patrick Grange, associate director, will be joining ACG's private equity team as managing director and investment director respectively. They will also form part of the firm's investment committee.

The combined entities will take charge of managing seven dedicated and multi-investor funds of funds, which have stakes in approximately 70 private equity funds in Western and Eastern Europe.

"With this first acquisition, ACG Private Equity increases its assets under management and aims to participate actively in the restructuring of the private equity industry as a consolidator," said Wladimir Mollof, founder and president of the company.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Southern Europe
• France
• DACH
• Benelux
• Nordics
• CEE
• Fund-of-funds