The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
Partners Capital
Partners
Capital, overseeing more than $70 billion of assets under
management, has created the final close of Merlin IV, a private
equity co-investment fund, with more than $1 billion in
commitments.
The fund includes commitments from global family offices and
institutional investors across North America, Europe, Asia, and
Africa, it stated in a statement.
The Merlin co-investment platform, first launched in 2019,
invests alongside high-conviction private equity managers. The
latest fund is the fourth raised within the platform and the
largest so far.
Epochal Corporation
Epochal
Corporation, which is incorporated in the British Virgin
Islands, has launched a new $100 million private investment fund
to support asset-backed, infrastructure-style businesses.
With investment of $1 million or higher on offer, the fund is
seeing to back businesses that already have tangible assets,
pricing power, operating leverage and sustained cash flow
potential, it stated in a statement last week.
Epochal is founded by entrepreneur and investor Neel Khohani. It
operates as a proprietary investment and family office–style
platform for qualified investors; it does not conduct regulated
retail fund management or public solicitation activities.
“This new investment fund is designed to compound capital through
ownership of durable assets. It is deliberately selective in both
investments and investors,” Khohani stated in a statement. “This is
not about raising capital broadly. It is about building a
controlled, institutional capital vehicle with long-term
intent.”
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