Pan-European buyout firm Cinven is looking to raise a new fund valued between 8-10B euros. The new fund will be the firm’s fifth after raising a 6.5B euro fund in 2006 (at the time Europe’s largest).
Additionally Cinven has shaken up it’s partnership structure ahead of the fundraising. This includes the retirement of co-founder Dick Munton, the departure of Gordon Moore, and the promotion of three senior investors to partner.
Posted by hecpevc 