Spanish mid-market firm Sherpa Capital has closed its second fund on €100m.
The news was reported by Spanish newspaper El Confidential, which cited sources in the financial sector.
In February this year it was reported that Sherpa was in the late stages of fundraising with plans to wrap up the fundraise in the second half of the year.
Sherpa invests in mid-market companies with turnover of between $10m and $200m.
Its investees include businesses including packaging company Polibol, retailer KA International and graphic arts business Dedalo.
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