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Edinburgh-based Albany Ventures has received commitments from Scottish Widows, BoS, Alliance Trusts and Martin Currie en route to a £40m final closing.
Who is shaping the industry? The question is important, because private equity, despite its becoming a more mainstream, institutionalised asset class, fundamentally remains a people's business. Private Equity International picks the people who make all the difference in European private equity.
Axa Private Equity's new secondaries fund is $130m oversubscribed, as investor demand for the product remains strong.
Private equity managers operating in Central and Eastern Europe say institutional investors will do well to move into local funds before the region matures.
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