unquote” has learned that Zeus Private Equity, a new firm formed by members of the team at Aberdeen Murray Johnstone Private Equity (AMJPE), has reached a first close of £50m towards its £100m maiden fund. Investors include institutional outfits, including Hermes, Alliance & Leicester Commercial Bank and several local authority pension funds.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017