Equest Partners, a London-based firm, has raised £32m for private equity investment in Bulgaria through a vehicle listed on the Irish Stock Exchange.

The fund has attracted 13 investors so far including Deutsche Bank, Commerzbank and Griffin Capital Management, a UK investment manager. Commerzbank and Griffin Capital have elected representatives to Equest's investment committee.

Equest raises £32m for Bulgarian investments

Michael Herman

Commerzbank

Deutsche Bank

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