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NBGI establishes Paris office, launches €75m fund

17/07/2008Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityUK mid-market private equity firm NBGI has expanded its operations with the launch of a French fund, targeted at €75m. The firm has established an office in Paris, to be headed by Didier Riebel and Laurent Allégot.

The new fund will target buy-outs and growth equity investments in traditional market sectors, investing between €3m and €15m per company.

Riebel is the co-founder of NewBridge Partners while Allegot is a former managing director of SPEF LBO, a subsidiary of Natixis Private Equity.

NBGI held a first closing on its second fund in August of last year, on £62.5m.

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