Avallon nears target for second buyout fund

The firm’s success is notable in a difficult fundraising environment for CEE-focused private equity funds

Central and Eastern Europe-focused firm Avallon is nearing the final target for its second buyout fund in a tough market for funds investing in the region.

The Poland-based private equity firm recently reached a third close for Avallon MBO Fund II, bringing total commitments to €80 million, according to two people familiar with the situation.

WSJ Logo