The firm, which was founded by former US treasury secretary Nicholas Brady, hopes to raise at least $1 billion for the fund, of which half will be invested in Asia. The rest will be split between investments in Latin America and central and eastern Europe.
Richard Frank, managing director at Darby, says that the fund, which is at “the design stage”, will invest in both private equity and mezzanine finance opportunities, largely in middle- and late-stage companies and across sectors such as infrastructure and financial institutions.
Thanks for your interest in Euromoney!
To unlock this article:
