Swiss asset manager Pictet Alternative Advisors has closed its latest co-investment buyout fund on $1.53bn - a more than 50% jump compared to its predecessor vehicle in the strategy.
The post Pictet pulls in over $1.5bn for biggest buyout co-invest fund yet, well up on $900m predecessor vehicle appeared first on AltAssets Private Equity News.
Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four...