Cinven has raised 4 bln euros for European buyouts -source

LONDON Mon Oct 15, 2012 5:14am EDT

LONDON Oct 15 (Reuters) - Private equity firm Cinven has raised 4 billion euros ($5.2 billion) from investors for new deals, a source close to the firm said.

The private equity group started raising its fifth buyouts fund last year, seeking about 5 billion euros to buy companies in Europe.