We are pleased to announce that the final closing of Euro Choice IV and its related investment vehicle (the "Fund") has been held at CHF 776 millions (EUR 512.6mn).
The strategy of the Euro Choice IV fund of funds has a unique focus on the lower end of the European middle market with regionally and nationally anchored buyout, buy and build, turnaround, and selectively growth capital funds. We will consider interesting opportunities in the secondary market which arise in the current market environment. Our long and excellent track record, combined with attractive and innovative return enhancement features, have been key to our success over the past ten years. Especially during times such as these, investors tend to concentrate their private equity commitments with specialty segment providers having demonstrated a high quality, robust, performance track record delivered by an extremely stable management team.
To date we have committed to seven fund investments in the 2008 and 2009 vintages with a further two in the final stages of due diligence. Looking forward, our investment pipeline includes a very selective line up of additional opportunities, reflecting funds which we feel will be best positioned to exploit the opportunities in the anticipated future environment. Our investors and us are convinced that the timing for Euro Choice IV, with its remaining portfolio to be built over the next 36 months, could well turn out to be a very strong performer.
For questions or further information, please do not hesitate to contact us.
LODH Private Equity Limited
Sihlstrasse 20
P.O. Box 2776
8021 Zurich - Switzerland
Phone +41 (0)44 214 13 80
Facsimile +41 (0)44 214 13 50
Email [email protected]