FRANCE - Montefiore Investment holds EUR 120m close

Although the initial target has already been met, subscription remains open. In addition to the funds raised, Montefiore Investment has implemented a significant co-investment scheme, bringing the funds available for investment to EUR 250m in equity.

The fund, which will invest in locally supplied services, has already completed its first deal: acquiring a 60% stake in Asmodee Group, the leading French distribution company for games and collectible cards, at the end of 2007.

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