Hg raises about €1bn in first close for debut GP-led secondaries fund, AltAssets reports
The reported first close puts the vehicle past halfway to its €1.75bn target, according to AltAssets.
At a glance
Hg has reportedly raised about €1bn at the first close of its inaugural GP-led secondaries fund, clearing the halfway mark of a €1.75bn target, according to AltAssets.
The €1bn first close equals roughly 57% of the target, based on the report's figures.
Hg has reportedly raised about €1bn at the first close of its inaugural GP-led secondaries fund, clearing the halfway mark of a €1.75bn target, according to AltAssets.
The €1bn first close equals roughly 57% of the target, based on the report's figures. AltAssets describes Hg as a European software buyout heavyweight.
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AltAssets cited newly amended U.S. regulatory filings; the total is not a final close.
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