An €11 billion buy-out fund has been launched from
Guernsey by global private equity manager Permira.
Permira VII, a closed-ended fund, is a significant-sized fund
for the island, which has total funds under management and
administration of nearly £300 billion.
The fund has total commitments of €11 billion, and is set
to invest in market-leading businesses that benefit from strong and
resilient underlying growth drivers within the technology,
consumer, financial services, healthcare and industrial technology
industries. It has already committed to two investments.
Existing investors have supported the fund launch, alongside a
number of new relationships from all over the world.
