Champ Ventures Closes 7th Fund With $487M In Assets

Law360, New York (July 2, 2012, 3:03 PM EDT) -- Middle-market Australian private equity fund firm Champ Ventures Pty. Ltd. has closed its seventh fund with roughly $487 million in capital commitments, the firm's largest fund to date, Champ Ventures said Monday.

Champ Ventures said the fund, known as Champ Ventures Investments Trust No. 7, is oversubscribed and exceeded its hard cap target close of $461 million. The fund will make investments in the Australian lower and middle markets and target companies with enterprise values of as much as $205 million, the PE firm said....
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