Bottom line
As LPs tighten their purse strings, some GPs are defying the odds and raising cash anyway.
The latest is YFM Equity Partners, which has raised £95.5m in the final close of its Buyout Fund III.
The lower midmarket firm was able to attract new investors, with the LP base for its third vehicle comprising 33% first-time investors.
Real Deals discusses the fundraise with the GP’s managing partner Eamon Nolan, who says the returns from its first fund, progress from the second, and the PE firm’s regional approach outside of London, resonated well with investors.
Find out more about the fund by clicking on our top story below.
Xhulio Ismalaj
Reporter
xhulio.ismalaj@realdealsmedia.com