APG-backed IMQ seeds mCapital's Europe and Asia distressed venture

Mon May 24, 2010

Former Merrill Lynch principal credit investment head Mark Devonshire is getting set to launch his long-awaited mCapital European and Asian Special Situations Fund after raising anchor investment from a leading Dutch institutional seeder.

IMQubator, the Amsterdam-based emerging manager fund backed by Dutch pension fund giant APG, is seeding the mCapital launch with €25 million of locked-up three-year money. It is IMQ's fifth major alternative investment fund seeding deal, following similar investments in clean-energy specialist Branta Solutions, late-stage technology PE firm HPE, quant investment...

ISSN: 2151-1845 / CDC10004H

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