Financial Times FT.com

Private equity

ABN arm secures future with €1bn financing

By Martin Arnold in London

Published: August 12 2008 20:28 | Last updated: August 12 2008 20:28

ABN Amro’s former private equity arm has won a new lease of life by raising almost €1bn ($1.5bn) from the Dutch lender’s three new owners and a Goldman Sachs-led consortium that is buying ABN’s old buy-out portfolio.

AAC Capital Partners, formerly called ABN Amro Capital, has secured its future with the deal, which is expected to be announced in September, marking one of the biggest transactions in the private equity secondaries market.

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