SGAM Alternative Investments (SGAM AI) has announced the second and final closing of SGAM Private Value Fund, a private equity fund of funds.
SGAM Alternative Investments (SGAM AI) has announced the second and final closing of SGAM Private Value Fund, a private equity fund of funds. SGAM Private Value Fund, which closed over its target at EUR 267 M, invests mainly in Europe and the United States in all the segments of private equity (venture capital, expansion capital, buyout, primary, secondary).
In an environment where access to the best performing funds is particularly difficult, SGAM AI has teamed up for fund selection and recommendation with the advisory services of Pantheon Ventures, one of the global leaders in the private equity funds of funds market for more than 20 years.
Philippe Brosse, CEO of SGAM AI, said: “Thanks to this partnership, SGAM Private Value Fund offers a unique response to the issues faced today by many private equity investors : to accelerate cash distributions and to cover at best the cyclic component of the asset class.”
SGAM AI launched its private equity platform in 1999 and now offers a comprehensive range of funds: New Technologies and Biotech venture capital, expansion capital, LBO and fund of funds, investing in Europe and Emerging countries. As at 31 December 2006, SGAM Alternative Investments had EUR 1.6 billion under management in private equity.
