Capiton clears €500m for biggest fund yet targeting German-speaking Europe


Berlin-based private equity firm Capiton has raised just over €500m to close its sixth flasghip fund targeting the German-speaking region of Europe.

“The successful closing of our sixth and yet largest fund represents an important milestone in capiton’s long-standing history,” said Manuel Hertweck, Managing Partner and board member of Capiton.

“It is a testament to our strong track record, expertise in our defined sectors and outstanding reputation amongst entrepreneurs who seek a partner to take their business to the next level.”

The firm said the entirely-virtual Capiton VI raise saw a strong re-up rate if existing fund backers as well as commitments from new institutional investors.

It said Capiton VI would be used for both majority and minority deals, with a focus on primary transactions in the targeted high-growth sectors of pharmaceuticals, medical technology, industrial technology and responsible consumption.

Fund VI has already committed about 36% of its fund volume through seven portfolio investments.

Capiton collected €440m for a final close of its fifth fund in 2015, and €350m for its oversubscribed Fund IV in 2009.

Lazard acted as Fund VI placement agent, and Pöllath + Partner as legal counsel.

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