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The Middle Eastern wealth manager has sold the educational assessments business to Levine Leichtman in a £210m deal, its seventh European exit in the last 12 months.
The German-listed firm acquired the denim fabric producer Tavex Europe a year ago through a complex carve-out transaction.
The sale comes as the firm continues to raise its fourth fund, targeting £200m.
Hold periods top six years as PE firms seek to ride out macroeconomic uncertainties, a study by industry body AVCA and EY reveals.
The SME investor is seeking to raise capital following a number of successful exits.
The Indian financial services firm has sold its majority interest in the private equity and real estate secondaries firm back to management.