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Pictet’s alts platform rakes in over US$1.1B for PE fund-of-funds

Pictet Alternative Advisors (PAA), the alternative investment arm of Pictet Group, has announced the final close of its private equity fund-of-funds Monte Rosa V at US$1.164 billion yesterday. The fifth fund in a series of diversified, multi-manager PE funds, Monte Rosa V will focus on investing in North American and European buyout funds. It will invest to a smaller degree…

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