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20/03/2017
Idinvest's 3rd Secondary Fund expected to reach above target
Paris based private equity firm Idinvest is expected to close its third secondaries fund imminently, above the upper end of its target of between €350 million and €400 million, the firm's Chief Executive Officer and Managing Partner Christophe Bavière told Private Equity News. The oversubscribed fund is expected to collect between €420 million and €440 million in total funds, according to Mr. Bavière. A spokeswoman for the fund said the vehicle did not have a hard cap. "We're just to finalise with investors," he said. "We are waiting for them to complete due diligence. We will be reaching our target at €400 million for sure, probably a little north of that."




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