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Unquote
  • Fund-of-funds

EUROPE – LODH Euro Choice IV holds first close on EUR 300m

  • Mareen Goebel
  • 31 July 2008
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Zurich-based LODH Private Equity Limited has closed LODH Euro Choice IV on EUR 300m.

The fund’s target is set at EUR 600m and according to reports the firm expects to hold a second closing in late September and a third and final closing by the end of this year. The fund does not have a hard cap.

LODH Euro Choice IV will focus on investments in European lower mid-market companies through regionally and nationally-anchored buy-out, growth capital and selective turnaround funds.

LODH Private Equity now has approximately €1.3bn in capital under management on behalf of North American, European and Middle Eastern investors.

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