ACE & Company, a Geneva, Switzerland-based international funding agency, closed its fourth personal fairness co-investment fund, at $244m.
Led by Rob Callahan, Head of ACE Buyout Technique, ABO IV will proceed the technique of its predecessor funds, supporting excessive caliber sponsors of their core areas of experience. Whereas the fund has a North American focus, it should embody 20 to 25 firms diversified by sector, measurement, deal archetype and normal associate. The fund will determine and pursue the very best alternatives throughout the personal fairness universe.
The agency’s buyout program has accomplished over 70 co-investments since 2011.
Led by Adam Mentioned, Founder and CEO, ACE & Firm is a worldwide funding group specialised in personal investments with complete belongings of over $1.6 bn throughout three funding methods and funding options. Headquartered in Geneva with workplaces in London, New York, Hong Kong, and Cairo, ACE’s international presence brings the corporate in direct contact with sourcing companions, funding corporations, in addition to entrepreneurs and gives traders unparalleled entry to a community of alternatives.
ACE is regulated by the Swiss Monetary Supervisory Authority FINMA in Switzerland.