Private Equity Firm PPF Partners has launched in Guernsey with
its first fund worth €615 million in commitments.
The firm, which specialises in investing in the emerging markets
of Central and Eastern Europe, is a joint venture between Generali
and PPF Group.
Director Mel Carvill said: "PPF Partners' aim is to
deliver outstanding value to shareholders and investors by
partnering over the long-term with the most promising businesses,
helping management improve strategic positioning and operational
performance.
"Utilising the expertise and financial backing provided by
Generali and PPF Group we hope to make Guernsey a strong base for
our private equity activity, expanding the business both in terms
of the amount of assets under management but also in the number of
people we will be looking to employ."
