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European FoF Has $700M Close

08-27-2008

SL Capital Partners has announced its fourth close of European Strategic Partners 2008, its latest private equity fund of funds, in a deal worth €520 million ($780 million), CPI Financial reports. SLCP said the final close of ESP2008 is likely to take place in March 2009.

Total funds raised during 2008 stand at €670 million ($1 billion), including two segregated mandates totaling €150 million ($225 million).

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