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Standard Life Investments private equity fund of funds raise £760m

Standard Life Investments has raised £760m from the closure of two of its private equity fund of funds.

European Strategic Partners, SLI’s newest private equity fund of funds closed at €900m today and its North American Strategic Partners, its first US private equity fund of funds closed earlier this year at $300m.

Standard Life Investments private equity chief executive David Currie says: “I am delighted to announce the successful final close of both of these private equity funds of funds which represents a total of over £760m sterling. The fact that we have successfully closed and exceeded our target for both funds shows that an ever increasing number of clients are attracted by our experienced team of private equity professionals who have generated a strong track record underpinned by a focused investment approach.”

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