Chequers closes €600m fund

Chequers Capital, a Paris-based private equity firm formerly known as Charterhouse, has closed fundraising for its latest vehicle, Chequers Capital XV, at €600m ($763m).

MVision Private Equity Advisers acted as a global placement agent, while SJ Berwin provided legal advice. Kristen Mary, a partner at MVision, said that Chequers had initially targeted €500m. Fundraising began in late January, and Mary said the majority of subscription agreements had been received by the end of May. The fund was heavily oversubscribed.

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