CHICAGO: Private equity funds specialist, Vantage Asset Management has launched a new $100 million private equity fund of funds, after almost tripling the return on invested capital from its previous fund over the past eight years.
The Vantage Private Equity Growth 2 (VPEG2) fund mirrors Vantage’s previous fund, Vantage Private Equity Growth Limited (VPEG) in providing investors with access to private equity funds in the later expansion and the mid-market buyout space – where companies typically have an enterprise value between $50 million to $500 million at initial investment.
VPEG2 has to date made investments in three companies in the specialist manufacturing, transport services and aged care sectors…