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Article: United Kingdom : Secondaries player 17Capital provides listed private equity firm Altamir Amboise with 30m.
- Article from:
- TendersInfo
- Article date:
- July 8, 2009
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Byline: manish03
17Capital, a London-based firm which prides itself on being the first player dedicated to mezzanine financing of private equity portfolios and secondary buyers, has closed its first deal by providing 30m of mezzanine financing to Altamir Amboise.
Altamir Amboise is a listed private equity firm which co-invests with the funds managed by Apax Partners.
The 30m in cash has been provided in anticipation of future divestments. The transaction was structured by Altamir Amboise s Management, jointly with 17Capital.
The financing will provide the company with additional resources, given the lack of visibility with respect to ...