Phoenix Equity Partners Opts For Guernsey Again With Latest Fund

Phoenix Equity Partners' latest fund will once more target investments in medium-sized UK-based companies.

Phoenix Equity Partners 2016 Fund, a Guernsey closed-ended investment scheme, closed with commitments of £415 million. It is the fourth fund launched by Phoenix Equity Partners since the independent private equity business was founded in 2001. The group specialises in working with entrepreneurial teams to help grow medium-sized, UK-based companies valued at up to £150 million.

The new fund attracted investment from a range of high-quality existing and new investors including public and corporate pension funds, sovereign wealth funds, insurance companies, family offices, fund of funds and asset managers across North America, Europe and the Middle East.