O'Melveny Pilots Pera To $52M Turkish Fund Closing

Law360, New York (March 16, 2012, 5:02 PM EDT) -- Pera Capital Partners' mid-market Turkish private equity fund closed Friday with more than €40 million ($52 million) in commitments on its way to a target of €120 million, as firms begin to establish footholds in the up-and-coming Turkish private equity scene.

Pera Capital Partners Fund I LP will focus on mid-market growth capital investments and target transactions that range from €5 million to €15 million, according to a statement issued Friday by the fund's legal adviser, O'Melveny & Myers LLP.

O'Melveny did not identify the investors,...
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