CX funds have an investment mandate. CX has been cashing a number of investments in their first fund. The reason is they are establishing that they as a PE firm can make superior returns. This is important as they are raising for a second fund. CX has had a history of part cash part equity deals. Naturally equity would flow to underlying fund investors. Time will tell how this will be played.
Cheers
30 August Timeline, page-7
-
- There are more pages in this discussion • 105 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)