Lion Capital Advisers set to launch $75m private equity fund

Lion Capital Advisers, the private equity firm chaired by City of London veteran George Magan, is set to launch its second fund on a target of $75m (€69m) despite a tough fundraising environment.

The firm hopes to build on its first fund, which has invested a total of $55m in 16 opportunities that range from early-stage investments to buy-outs.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It