JOHCM Private Equity, the London-based private equity arm of J O Hambro Capital Management Group, has held a final closing of Trident Private Equity Fund II (TPE 2) at £64 million (€94 million; $112 million).
Trident Private Equity Fund II, which was launched in May of last year, received commitments from new investors and existing investors in Trident Private Equity Fund I, according to a press release.
As with the firm’s debut $30 million (€25 million) fund, Trident Private Equity Fund I, TPE2 will make investments in UK smaller unquoted companies, and focus on sectors where the investment team has prior experience: namely, manufacturing, services, leisure and media, child/healthcare, wholesale/retail, financial services and construction.
According to earlier reports on PEO, Trident Private Equity Fund I is now fully invested. JOHCM was not available for comment.
JOHCM’s private equity business is led by director Christopher Mills, and comprises fund managers Jeremy Brade and Maarten Hemsley, assistant fund manager James Agnew and private equity associate Faye Foster.
Hambro unit closes £64m fund
A private equity arm of J O Hambro Capital Management has held a final closing of its second buyout fund focused on investments in UK smaller unquoted companies.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: