QUARTILIUM holds first close of specialised mezzanine fund of funds


QUARTILIUM, the France-based fund of funds team of FINAMA Private Equity, has launched its first specialised mezzanine fund of funds and held a first close on €50m in December 2004.

QUARTILIUM Mezzanine’s strategy is to select teams with a proven top-tier track record in order to build up a portfolio of 15 funds in Europe and the US.

Pierre-Michel Deleglise, chairman of FINAMA Private Equity, said ‘This launch first meets the demand of institutional investors, including GROUPAMA, that are drawn to the attractive risk-adjusted returns of mezzanine.’

Established in 1988, QUARTILIUM has responsibility for assets worth more than €400m that are invested across specialised private equity funds of funds investment programmes in Europe and the United States.

Copyright © 2005 AltAssets