Gresham goes into wind-down

UK private equity firm Gresham will not raise another fund and will instead focus on returning cash to investors

UK private equity firm Gresham has gone into wind-down after it confirmed it will not raise another fund and will instead focus on returning cash back to investors.

In a statement, the firm said it would not raise a new fund "despite a number of successful exits in recent months, and the belief that the current team and strategy are well placed to continue to deliver strong returns for investors".

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