The Irish private equity investor is reportedly approaching AIG, Goldpoint and Cigna, all of which backed the firm's debut vehicle in 2013, for commitments to its Fund II.
Ireland-based private equity firm MML Growth Capital Partners is targeting €125m ($141m) or more for its second fund and will likely approach corporates that backed its first fund, the Irish Independent reported today.
Healthcare provider Cigna, financial services firm AIB and Goldpoint Partners, an investment vehicle for insurance provider New York Life, were all limited partners for the firm’s inaugural vehicle, as were Enterprise Ireland and the European Investment Fund.
All the existing corporate backers will likely be sought out…