Thursday, June 14, 2007

Lehman raises $1.5bln private equity fund of funds

(Reuters) - Among the private equity firms that Lehman invests in are
The Blackstone Group, Carlyle Group, Doughty Hanson and JC
Flowers & Co. LLC, said John Buser, managing director and head
of the Fund of Funds team.




Lehman said the fund will commit up to 20 percent of its
capital to co-investment deals alongside private equity firms
and to acquire private equity fund interests in the secondary
market.


Read more at Reuters.com Mergers News

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