Swiss asset management firm Unigestion has closed its fourth fund of funds Unicapital Investments IV with commitments of more than €200m, comfortably ahead of its original target of €150m. The fund, launched in 2003, has already made nine commitments in European and US private equity funds and is expected to make ten to 12 further commitments in the next 18 months.
Dr Hanspeter Bader, managing director in charge of private equity at Unigestion, said, ‘Most of our long-standing investors have committed to the latest fund of funds. We have also been able to secure important commitments from new, highly sophisticated investors not only in our core markets, France, Germany and Switzerland, but also from new clients in the UK and the US.’
Institutional asset management specialist Unigestion was founded in 1971. The company, with offices in Geneva, Jersey City, London and Paris, manages close to €5bn.
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