Pencarrow Private Equity closes $250m fifth fund
Funds raised were $50 million above target.
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Hawke’s Bay
Fresh from banking a tidy profit on the sale of its 38% stake in Kiwi outdoor clothing company Icebreaker, Pencarrow Private Equity has closed its latest fund, Pencarrow V, at $250 million.
It is more than double the size of its previous fund and the fundraising was completed in just eight weeks
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Fiona Rotherham
Thu, 19 Apr 2018
Thu, 19 Apr 2018
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Pencarrow Private Equity closes $250m fifth fund
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