Quadrant raises $754m for Australia mid-market fund
Australian GP Quadrant Private Equity has closed its eighth fund - and fifth as a fully independent entity - at A$980 million ($754 million). As with the previous fundraise in early 2014, the process was completed in approximately one month.
The vehicle, Quadrant Private Equity No.5, was substantially oversubscribed and existing investors account for the bulk of the corpus. AVCJ understands that domestic LPs make up just over half the investor...
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