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German financial sponsor DBAG raises $1.1B fund

Jul 28, 2016 - The Deal Pipeline

Frankfurt-listed private equity firm Deutsche Beteiligungs AG announced the closing on Wednesday, July 27, of its new €1 billion ($1.1 billion) seventh fund, which is aimed at investment in the German mid-market, or Mittelstand.

The firm, which co-invests in the third-party or limited-partner funds of its unlisted general partner DBAG, said its own contribution would be €200 million.

The listed firm said the new vehicle consists of two sub-funds—an €800 millio...