10.01.2013 - Better Capital partners with Irish pension fund
Jon Moultonís private equity firm has formed a joint venture with the Irish National Pensions Reserve Fund to help turnaround small Irish companies. Under the deal, Better Capital will manage a Ä100m fund called the SME Turnaround Fund to invest in underperforming Irish businesses that have the potential for restructuring. Irelandís Ä14 billion National Pensions Reserve Fund will commit Ä50m of the funding, with the remainder provided by Better Capitalís BECAP12 Fund...............................................Full Article: Source
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