PRINT THIS PAGE Portuguese Banco de Investimento Global holds first close on debut fund22/07/2004. Source: AltAssets. 
 Portuguese bank Banco de Investimento Global (BIG) has held a first close on its debut Iberian fund with E20m of commitments.
Lead Capital was officially launched last month and is targeting a final close of E50m by the end of the year. The fund will target buy-out opportunities across Iberia but will primarily focus on family-run businesses in Portugal.
'Lead Capital seeks to fill a gap in the Portuguese private equity market by offering an alternative source of capital for entrepreneurs seeking growth, professionalism and expanded opportunities via the entry of institutional investors into the share capital of their companies,' the firm said in a statement.
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