The former private equity owner of Côte Restaurants has held a £459 million final close on its latest buyout vehicle after hitting its hard cap 16 months into fundraising.
UK mid-market private equity firm CBPE Capital said it had completed the fundraising in an August 30 statement, adding that the fund received commitments from 20 investors, with approximately 60% of the capital coming from investors in the firm's £405 million previous fund, and around 40% coming from new investors.