Hahn & Co closes Fund II at $1.2b, raises $700m co-invest vehicle
Hahn & Co has reached a final close on its second South Korea buyout fund at the hard cap of $1.2 billion, and raised a separate $700 million co-investment pool to support the $3.6 billion acquisition of Halla Visteon Climate Control Corporation (HVCC).
The private equity firm launched Fund II in the middle of July. By the time of the first close in mid-October the $900 million target for the entire vehicle had been reached. The final close came in the...
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