Mediterra Capital Raises EUR164 Million Private Equity Fund for Turkey (CEE and CIS)

Source: AltAssets

Turkey-focused private equity firm Mediterra Capital has confirmed the final closing of its first private equity fund, Mediterra Capital Partners I, with EUR164 million (approximately US$213 million) in commitments. The fund raised capital from institutional investors including development finance institutions, funds of funds and asset management companies, as well as Turkish industrialist families and entrepreneurs. The final close of the fund occurred in January 2013.