Tuesday 30 September 2014

CapMan Russia Closes Fund II, Says Ukraine Crisis Had “Negative Impact” - Private Equity Beat - WSJ

CapMan Russia Closes Fund II, Says Ukraine Crisis Had “Negative Impact” - Private Equity Beat - WSJ:



"Amid cooling investor sentiment and the continuing political conflict in Ukraine, CapMan Russia has closed its latest private equity fund with 99.1 million euros. 




The final tally for Fund II is only marginally larger than the EUR97 million CapMan Russia said it gathered for a first close of the fund in April 2013. The firm raised EUR118 million for a predecessor fund, LBO Wire previously reported. 




CapMan Russia said in a release announcing the final close that it was “satisfied” with the size of the fund, but acknowledged that tensions in the region had complicated fundraising."



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