Adveq Europe VI reaches hard cap at €462m

Adveq, a leading asset manager investing in private equity globally, announces the final closing of Adveq Europe VI at EUR 462m, well above its initial target fund size of EUR 350m.

The fund closing was held on December 2, 2016 attracting interest and support from investors around the world, including pension funds, insurance companies and endowments.

Adveq Europe VI targets primary, secondary and co-investment opportunities in the European small buyout segment. The fund invests with or alongside transformational, turnaround and specialist managers and it will focus on:

  •  Emerging managers: Fund managers that are raising their first or second fund
  •  Established managers: Fund managers in the third or later generation that are fully institutionalized and have a long track record

Adveq Europe VI has already committed a sizable amount to specialised European managers and will target small buyout companies that have a strong and defendable market position and significant value creation potential through revenue growth and business transformation.

Commenting on the recent closing, Tim Creed, Managing Director and head of Adveq’s European investment practice, said:

“The fact that this is our sixth generation fund proves that investors believe it to be the right strategy for their portfolios and our broadened client base is a testament of it. We are confident that this is still a very attractive sector and are very pleased with the quality of investors who have entrusted their capital to us, helping us exceed the fundraising target for this fund.

“I am very proud of our team and our past performance and we will continue working hard to provide investment excellence to our clients.”


Source: Adveq Press Release


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