Cinven reportedly targets up to €10bn for new fund

Cinven announced the closing of its fourth fund on €6.5bn in July 2006.

The firm focuses on investments in the business and financial services, healthcare, industrials, retail, leisure and consumer and TMT sectors. It recently acquired a 50 per cent stake in Indicus Advisors, an alternative investment manager focusing on European leveraged finance and global structured credit.

Cinven has offices in London, Paris, Frankfurt and Milan.

Copyright © 2008 AltAssets