Australian PE firm Allegro targets $450m fourth fund: Report

Australian PE firm Allegro targets $450m fourth fund: Report

Chester Moynihan (left) and Adrian Loader, founding partners of Allegro Funds.

Australian private equity firm Allegro Funds has raised A$480 million ($360 million) for its fourth buyout fund, which has a target corpus of A$600 million ($450 million), according to an Australian Financial Review (AFR) report.