UK - Lyceum Capital closes second fund above target on £255m

Lyceum Capital has closed its second fund ТЃ55m above its ТЃ200m target on ТЃ255m. Lyceum Capital Fund II will invest, alongside management, in mid-sized UK-headquartered service companies. This is the first fund that Lyceum has raised since its buyout from WestLB in May 2006. Since then, Lyceum has completed 16 acquisitions (2 new platform acquisitions and 14 add-on acquisitions) and successfully exited four investments - realising in aggregate ТЃ216m for investors in addition to earlier realisations of Southern Cross and Asquith Schools totalling ТЃ225m.