Montezemolo sets up second equity fund

Newswire

MILAN, June 11 (Reuters) - Italian investment firm Montezemolo & Partners SGR is setting up a second private equity fund, Charme II, with a target of 350 million euros ($490 million), the firm said on Thursday.

It has already attracted 320 million euros of investor funds for the fund, it said in a statement.

The latest fund is more than twice the size of the 150 million euros initial funding of Charme I, set up in 2003, and will adopt a similar strategy on ...

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