Tuesday, April 18, 2006

Hispanic Business - Palladium Completes Hispanic Market Focused Fund

"Palladium Equity Partners announced it has raised a $520 million private equity fund, believed to be the largest such fund to date, focused on investing in companies expected to benefit from the explosive growth of the U.S. Hispanic population.

The new fund, called Palladium Equity Partners III, L.P., has a blue chip investor base including BBVA, one of Spain's largest financial institutions, and prominent pension funds such as CalPERS, CalSTRS, New York City, New York State and GE Pension Trust."

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