Lion Capital Advisers set to launch $75m private equity fund

Thursday 17 April 2003 at 16:00

Lion Capital Advisers, the private equity firm chaired by City of London veteran George Magan, is set to launch its second fund on a target of $75m (€69m) despite a tough fundraising environment.

The firm hopes to build on its first fund, which has invested a total of $55m in 16 opportunities that range from early-stage investments to buy-outs.