Mediobanca Private Banking has joined forces with Russell Investments to set up a private markets fund, which is set to offer private clients with access to illiquid investments, including private equity and venture capital.
With the support of Main Capital, the group plans to build a software platform and expand internationally
Senior members of the private equity firm personally contributed to the fund
GP first invested in the cloud software provider in 2017 and owns a majority stake in the company
Investment in the Hamburg-based digitalisation consultancy is the second from Ufenau VI