Swiss investment firm Unigestion has launched a private equity fund that will acquire small and mid-market companies.
Unigestion Direct II (UDII) has been designed to cover companies in sectors underpinned by long term trends that belong to industries with limited correlation to GDP growth such as education and healthcare.
With a global team of 49 private equity professionals, Unigestion sources direct investment opportunities from its network of more than 500 investment partners, including specialist fund managers and other industry experts, as well as directly from business owners.
According to the Swiss manager, the fund is a continuation of the strategy of its predecessor direct funds. It will invest in companies that are able to implement their growth plans irrespective of market conditions.