BC Partners to court sovereign fund investors

Reuters – Private equity firm BC Partners BCPRT.UL will target wealthy sovereign funds when its next 6 billion-euro ($8 billion) fund hits the road in the second half of the year, the firm’s managing partner said.

BC Partners hopes that middle eastern, far eastern and possibly Australian investors will support the fund, the first to be raised among Europe’s large private equity firms since the collapse of Lehman Brothers.

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