Who owns Equistone?
Management and Governance Structure The Investment Manager of our funds is Equistone Partners Europe Limited, which is authorised and regulated in the UK by the Financial Conduct Authority and owned by the key executives in the business.
Who are Equistone?
We are an independent investment firm, which operates across Benelux, France, Germany, Switzerland and the UK, investing as a strategic partner alongside management teams. In each of our markets we look for strong businesses with the potential to grow, supported by our capital and guided by our experience.
What is a fund partner?
Private equity fund partners are called general partners, and investors or limited partners. The limited partnership agreement outlines the amount of risk each party takes along with the duration of the fund.
What is a top up fund private equity?
a. A close relative of the annex fund, the “top-up” or “overage” fund is a product that invests alongside the undrawn commitments of the flagship fund in new investments. This product is also most often used by private equity and venture capital fund managers.
Who owns FirstPort property?
FirstPort is part of Knight Square, which is jointly owned by the private equity companies Chamonix and Electra. Formerly Peverel, FirstPort was renamed in 2014.
What are the different types of money funds?
There are four broad types of mutual funds: Equity (stocks), fixed-income (bonds), money market funds (short-term debt), or both stocks and bonds (balanced or hybrid funds). Many or all of the products featured here are from our partners who compensate us.
What is the difference between partner and general partner?
The general partner oversees and runs the business while limited partners do not partake in managing the business. However, the general partner of a limited partnership has unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment.
What is PICC private equity?
The ratio of contributions to date measured against its committed capital.
What does it mean to close a private equity fund?
After a transaction has its closing, the transaction is “closed.” In the context of private equity funds, a “closing” refers to the time when investors sign a limited partnership agreement and legally commit to provide capital to the fund.
Has FirstPort been sold?
16 July 2019. Epiris, the UK private equity firm, is pleased to announce the sale of FirstPort, the UK’s largest residential property manager, to funds managed by Equistone Partners Europe. FirstPort is one of two businesses owned by investee company Knight Square; Epiris will retain its interest in the other, Appello.
How many developments does FirstPort manage?
3,900 developments
FirstPort is the UK’s leading full-service residential property manager, caring for more than 196,000 homes in England, Wales and Scotland across 3,900 developments.
Why Equistone Partners Europe fund VI?
Equistone Partners Europe Fund VI is the most recently closed fund with total capital commitments of €2.8bn. Our investors are based in Europe, North America, the Gulf and Asia. Equistone has developed robust Environmental, Social and Governance policies to ensure we are targeting a level of industry best practice.
Where have Equistone’s funds been raised?
Equistone’s funds have been raised from global institutional investors. Equistone Partners Europe Fund VI is the most recently closed fund with total capital commitments of €2.8bn. Our investors are based in Europe, North America, the Gulf and Asia.
What is Equistone?
A leading mid-market. private equity firm. Equistone is based across Europe’s three largest economies, using our capital and deep experience to support growing companies.
What is equequistone’s responsible investing policy?
Equistone’s Responsible Investing Policy is implemented across the investment and portfolio management process and is also embedded into our European Investment Committee discussions.