Palatine Hits Fund III's £220M Hard Cap in 11 Weeks
June 25, 2015
Palatine Private Equity has announced the first and final close of Palatine Private Equity Fund III at its £220 million hard cap. The vehicle launched and closed in 11 weeks and was significantly oversubscribed; Evercore Private Funds Group acted as exclusive global placement agent for the fundraise. Fund III will continue Palatine's investment strategy of targeting deals in the U.K. regional lower middle market.