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European Capital closes on €750m of equity commitments

07/10/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityEuropean Capital has closed on the offering of €750m of equity commitments. An aggregate of €229m of equity commitments were provided by third-party institutional investors, with the balance coming from American Capital Strategies, European Capital's affiliate.

European Capital expects to draw down the equity commitments over an approximately two-year period to fund investments and operations in the ordinary course of business.

The firm will invest in and sponsor management and employee buy-outs, invest in private equity buy-outs and provide capital directly to private and mid-sized public companies.

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