PE firm raises £300m for second fund
PRIVATE equity firm NorthEdge Capital, which focuses on investments across the North, has raised £300m for its second fund.
NorthEdge Capital Fund II ("Fund II") was raised in four months and brings total funds under management to over £500m in the last four years.
NorthEdge’s maiden fund, which closed in March 2013 at £225m, has invested over £180m in 13 Northern-based businesses such as Blackburn's Accrol Papers and Cheshire-based gym operator Total Fitness.
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