BC Partners raises €1bn-plus fund to take on 2013 investment Springer

Private equity major BC Partners has launched a €1bn-plus single-asset fund backed by Neuberger Berman to take on its Fund IX investment in publisher Springer Nature. BC invested in Springer way back in 2013 in a €3.3bn deal, before merging the business with Nature Publishing Group, Palgrave Macmillan and Macmillan Education two years later. It …