Livingbridge seeks £1.25bn for its seventh fund

London-based private equity firm Livingbridge is aiming to raise £1.25bn for its seventh fund, with a hard cap of £1.4bn. This is according to meeting documents prepared for the $30bn Connecticut Retirement Plans and Trust Funds, whose investment advisory council met Wednesday, 9 December.

Livingbridge VII fund was launched in April this year and, if it reaches its upper limit, the fund will be more than twice as large as its predecessor, which closed at £660m in 2016.

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