News from Vanterra

Vanterra Capital is new on the financial scene, yet it is already making its debut with a $152 million closing on its first fund. This is just the opening shot in its financial activities, and it projects a second closing totaling $300 million early in 2009.

The full news release appears here, and it speaks of Vanterra “Lower Middle Market Private Equity Platform Focused on Emerging Markets and U.S” as having proven their investment strategy in the face of very trying economic markets.

The news story states, “The cornerstone of the Vanterra business model is to establish longstanding relationships with our partners — both our underlying fund managers and our investors — and leverage their value both as a source of high quality deal flow and as a unique due diligence network,” said Alan Quasha, Principal at Vanterra and CEO of Quadrant Management.”