10.01.2013 - Better Capital partners with Irish pension fund
Jon Moulton’s 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 €100m fund called the SME Turnaround Fund to invest in underperforming Irish businesses that have the potential for restructuring. Ireland’s €14 billion National Pensions Reserve Fund will commit €50m of the funding, with the remainder provided by Better Capital’s BECAP12 Fund...............................................Full Article: Source
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