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UK's ISIS Equity Partners holds second close with £143m24/02/2003. Source: AltAssets. 
 UK-based ISIS Equity Partners has announced the second close of its third fund with commitments of £143m. The fund was launched in September 2002 and has a final target of £175m.
Wol Kolade, managing director of ISIS, said that he was delighted with the vote of confidence from the fund's investors in the current difficult climate.
The firm will maintain its strategy of investing in UK-based companies with enterprise values of between £5m and £50m in the business services, consumer markets, healthcare, IT and media sectors.
‘We believe that the depressed IPO markets and the uncertain corporate environment provide an excellent backdrop for making investments in high quality mid-market companies,' added Kolade.
ISIS has offices in London, Birmingham and Manchester and is planning to open one in Reading in 2003.
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