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Rothschild's FAPI II closes on €775m

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Five Arrows Principal Investment, the private equity arm of Rothschild Merchant Banking, has closed its second fund on €775m less than a year after launch. According to Rothschild, the fund was "significantly oversubscribed" beyond its €700m target. FAPI II was launched in late 2014. The vehicle follows the "2-8-20" fees,…

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