SJ Berwin Reps French PE Firm On $525M Fund Closing

Law360, New York (March 2, 2012, 1:59 PM EST) -- French private equity firm L Capital Management SA has closed its third fund with capital commitments of more than $525 million, exceeding the firm's goal of $462 million in commitments, L Capital announced Friday.

The fund, L Capital 3 FCPR, will invest in midmarket European lifestyle-branded companies and select retail firms, L Capital said. The fund will look to invest in between 10 and 15 companies with enterprise values of up to $525 million.

The exact date of the fund closing was not announced. Officials at...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.