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Private Equity

Edmond de Rothschild Seeking to Grow Private-Equity Assets

by posted 3years ago 11296 views
(Bloomberg) -- Edmond de Rothschild’s private-equity unit, which oversees more than 3 billion euros ($3.4 billion), plans to grow assets under management by 50 percent by the end of 2018, through increasing investments in holdings from polluted lands to financial startups. Edmond de Rothschild Private Equity is seeking to raise as much as 300 million euros for its ERES III fund, which will take minority stakes in mostly European growth companies, the company said Tuesday in a statement. It’s also seeking to raise new funds dedicated to small Chinese companies, European infrastructure, and polluted land in France and Belgium that...