Archer’s fifth fund could reach $1.5b
Archer Capital’s much talked-of fifth fund could reach A$1.4 billion ($1.5 billion), with Future Fund expected to sign up as an investor, The Australian reported. The fundraising target was previously said to be A$ 1.2 billion ($1.27 billion).
Future Fund was among the backers for Quadrant Private Equity's $750 ($805 million) fund raised last year. Archer has been Australian private equity's biggest spender this year and its fourth fund, which...
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