Demonstrators attend a protest against Brazil's President Dilma Rousseff, part of nationwide protests calling for her impeachment, in Sao Paulo, Brazil, March 13, 2016. REUTERS/Paulo Whitaker TPX IMAGES OF THE DAY
Fund III is a weak performer
Discount on fund stakes would have been steep
Firm wanted more time to exit
Southern Cross Group has dropped an idea to restructure its third fund after receiving tepid interest from limited partners, three sources told Buyouts. Southern Cross, which invests across Latin America, had explored potential liquidity options for LPs in its third ...