Endless LLP, a UK-based turnaround firm, has closed its third fund at £220m.
Fund III will continue to follow Endless’ investment strategy to focus on investing in UK-headquartered companies which require operational turnaround, financial restructuring and performance improvement.
Investments in Funds I and II include Crown Paints, Amco Group, The Works retail chain, Peter Black International, Davy Markham and Neville Johnson.
The investor base comprises fifteen investors (pension funds, US universities, fund of funds and family offices) from the USA, mainland Europe and the UK.
FinSMEs
25/07/2011