Marfin: my big fat Greek fundraising

A year ago, when US buyout giant KKR raised a record $5bn for a private equity fund listed in Amsterdam, it was seen as a stunning coup. Now Marfin Investment Group, a little-known Greek investment firm with an exotic investment strategy, has beaten KKR’s record, raising E5.2bn ($7bn) via a rights issue on the Athens Stock Exchange. And it has done so in the same month that two European IPOs were either shelved or delayed. MIG’s success is largely due to its founder, Andreas Vgenopoulos, one of...