Zeus Private Equity (ZPE) has reached the final close of its maiden fund on more than £100m. Manchester-based ZPE was launched in December 2006 and held a second close in June 2007 on £65m. 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.
This is the second deal inked by the GP via Wisequity V, which closed on its €260m hard-cap in July 2019
Pascal Meysson joins from Alcentra and has previous experience at Deutsche Bank and Charterhouse
Mirabaud is reportedly planning to invest via its Living Heritage private equity fund
HIG invested from its Growth Buyout Equity Fund III to acquire Vernacare from Palatine