Private Equity

Alcedo to hit €130m first close on latest fund

First closing comes as investors are rediscovering an appetite for the country after a number of difficult years for the Italian market

Alcedo to hit €130m first close on latest fund

Alcedo, an Italian lower mid-market private equity firm, is to hit a first close on its fourth fund imminently, according to a person familiar with the matter.

The firm, which is targeting €175 million for the vehicle, has collected €130 million from investors and will hold a first closing next week, the person said.

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