At $6.5B, Cinven Closes Largest Ever European Buyout Fund

Law360, New York (March 14, 2013, 2:49 PM EDT) -- European private equity firm Cinven has raised €5 billion ($6.5 billion) for its fifth European buyout fund and already invested roughly €700 million of the capital into four companies, Cinven said Thursday.

The fund is the largest pool of capital exclusively dedicated to European buyouts, Cinven said. The fund has invested 14 percent of its total capital in life science firm Mercury Pharma Group Ltd., health care company Amphidarm Group and in two Turkish companies.

Cinven Managing Partner Hugh Langmuir said in a statement that the PE...
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