Deals
Ex-Barclays Buyout Arm Said to Seek $2.3 Billion for Europe Fund
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Equistone Partners Europe, a private-equity group spinout from Barclays Plc, plans to seek about 1.7 billion euros ($2.3 billion) for its second buyout fund since independence from the British bank, according to a person with knowledge of the matter.
The firm hired Lazard Ltd. to help raise the money, said the person, who asked not to be named because the information is private. Equistone raised 1.5 billion euros for its first independent fund in January 2013.