London-based private equity investment advisory firm Patron Capital has announced the closure of its third private equity fund, Patron Capital L P III, with total commitments of EUR 895 mln. Launched last December, Fund III is focusing on investments in real estate across a range of property assets in western, central and eastern Europe. It will follow on from the Patron Capital funds I and II, which achieved an average investment performance of 64% internal rate of return and 2.2 times equity multiple.
Premium subscriber content – please log in to read more or take a free trial.
