Spain’s Biggest Private Equity Firm to Launch €2 Billion Fund
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Spain’s largest private equity firm is working to raise a new fund worth more than €2 billion ($2.2 billion) as it seeks to tap into investor appetite for European infrastructure.
Asterion Industrial Partners is currently preparing documentation and it’s working with the securities regulator to get clearance for the fund launch in what is known as the “pre-market” phase, people familiar with the matter said, asking not to be named because the information isn’t public. The firm plans to reach out to potential investors in upcoming weeks to gauge their interest once all necessary approvals are complete, one of the people said.