Altra Seen Growing PE Fund

Private equity fund manager Altra Investments has announced the partial closing of its Altra FCP I fund, which has secured commitments of $75m from Colombian investors. Altra says it expects the total size of the fund to reach $110m over the next quarter as it secures commitments from international participants. Altra FCP I will target investment opportunities in established companies with proven business models, sales above $20m, and operations in the Andean region and Central America, particularly in Colombia and Peru. The firm operates from offices in Bogota and Lima.