UK - Zeus reaches final close of maiden fund on £100m+

Zeus Private Equity (ZPE) has reached the final close of its maiden fund on more than ТЃ100m. Manchester-based ZPE was launched in December 2006 and held a second close in June 2007 on ТЃ65m. Most recent investors in the fund include Access Capital Partners, Macquarie Investment Management, New Star Private Equity Investment Trust Plc, and an additional local authority pension fund. The new player was founded by three former Aberdeen Murray Johnstone Private Equity investment partners. Gary Tipper is the managing partner alongside partners Ed Fazakerley and Tony Dickin.