Deals
Cinven Targets Over $12 Billion for New Flagship Fund
- Buyout firm may begin to gauge investor interest post summer
- Cinven raised 10 billion euros for seventh global fund in 2019
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Cinven is aiming to raise more than $12 billion for a new private equity fund, becoming the latest buyout firm to tap rampant investor demand for the asset class, according to people familiar with the matter.
The European private equity pioneer could begin to gauge interest for a euro-denominated global fund after the summer, the people said, asking not to be identified discussing confidential information. Cinven may start gathering commitments later in the year, one of the people said.