Anacacia Capital sets $156m target for second fund
Australia’s Anacacia Capital is seeking to raise up to A$150 million ($156 million) for its second fund, more than twice the size of its debut vehicle. Jeremy Samuel, the private equity firm’s founder and managing director, nevertheless described the fund as “small and tight,” acknowledging that Australian superannuation funds are investing less in private equity and looking more towards global funds.
Anacacia Partnership I, which closed at A$50 million in April 2008, was ranked the top performing fund globally by Preqin, based on data collected on vehicles raised between 2006 and 2008. The fund has...
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