WestBridge doubles size of third fund after success of APEM investment
Private equity fund WestBridge has more than doubled the amount raised for its third fund after being oversubscribed on the back of a strong performance by its previous fund.
Total commitments include money from a large European wealth manager, a number of local authority pension funds, institutional investors and family offices, which amount to £220m, including the government backed British Business Bank who committed £34m at final close.
WestBridge tend to invest between £10m and £40m in profitable and fast-growing UK comp... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
