Newly formed Seine Capital in Paris is targeting $150 million for a small-cap secondaries fund, Rod James reports for WSJ Pro Private Equity, citing Partner Sol Zein. The firm aims to invest $3 million to $15 million predominately acquiring stakes in buyout funds, but will also acquire interests in growth, credit and infrastructure funds, Zein said. Seine is led by Managing Partner Fabrice Moyne, the former head of secondary investments at Mantra Investment Partners, with Partner Chad Zidow, formerly with Beneficient.
Technology-focused Edison Partners in Princeton, N.J., said it is opening an office in Nashville, Tenn., where roughly half of its staff will be located. The firm said that staff proportion may expand in the future.
Source: https://www.wsj.com/pro
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