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BC's strong investor take-up raises hopes for sector

Private equity industry welcomes the strong progress made by BC Partners as it attempts the largest European fundraising since the collapse of Lehman Brothers

Private equity experts have cautiously welcomed the strong early investor interest in UK buyout firm BC Partners’ latest European fund, but warned that it will not singlehandedly resuscitate the private equity fundraising market.

BC Partners is on course to raise between €2.5bn and €3bn for its new European fund by the first close in late January or February, putting it on track for its €6bn target, Financial News revealed earlier this week.

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