Access Capital Partners announces the first closing of its second buy-out co-investment fund
European Private Assets specialist Access Capital Partners (“Access”) has held in July the first close of Access Co-Investment Fund Buy-out Europe II (the “Fund”), its second generation co-investment fund focusing on direct investments into European smaller buy-out transactions alongside proven European General Partners.
With a target size of €300 million, the Fund has so far received €100 million of signed commitments mostly from existing investors.
In line with the predecessor fund’s investment strategy, the Fund aims at constituting a well-diversified portfolio of high quality small and mid-cap companies, with a particular emphasis on entrepreneurial businesses with resilient business models and attractive growth profiles as well as a solid base for add-on acquisitions.
Commenting on the Fund’s first closing, Access’ Managing Partners indicate: “this achievement reflects the confidence of our investors in the dedicated co-investment team, the quality of the predecessor fund’s portfolio and the unique access to a wide deal flow thanks to Access’ high quality GP relationships.”
Access’ Partners in charge of the selection and execution of co-investments comment: “this closing also underlines the attraction of co-investments particularly in times of economic uncertainty. Access’ longstanding relationships with hundreds of GPs create the basis for selectively investing in the best opportunities and delivering the kind of diversification and returns investors are expecting.”
As with its first generation co-investment fund and in line with its commitment to the UNPRI, Access will integrate Environmental, Social and Governance (ESG) criteria throughout the whole investment cycle, and will seek to measure the contribution of each portfolio company to the Sustainable Development Goals (SDGs).
European Private Assets specialist Access Capital Partners (“Access”) has held in July the first close of Access Co-Investment Fund Buy-out Europe II (the “Fund”), its second generation co-investment fund focusing on direct investments into European smaller buy-out transactions alongside proven European General Partners.
With a target size of €300 million, the Fund has so far received €100 million of signed commitments mostly from existing investors.
In line with the predecessor fund’s investment strategy, the Fund aims at constituting a well-diversified portfolio of high quality small and mid-cap companies, with a particular emphasis on entrepreneurial businesses with resilient business models and attractive growth profiles as well as a solid base for add-on acquisitions.
Commenting on the Fund’s first closing, Access’ Managing Partners indicate: “this achievement reflects the confidence of our investors in the dedicated co-investment team, the quality of the predecessor fund’s portfolio and the unique access to a wide deal flow thanks to Access’ high quality GP relationships.”
Access’ Partners in charge of the selection and execution of co-investments comment: “this closing also underlines the attraction of co-investments particularly in times of economic uncertainty. Access’ longstanding relationships with hundreds of GPs create the basis for selectively investing in the best opportunities and delivering the kind of diversification and returns investors are expecting.”
As with its first generation co-investment fund and in line with its commitment to the UNPRI, Access will integrate Environmental, Social and Governance (ESG) criteria throughout the whole investment cycle, and will seek to measure the contribution of each portfolio company to the Sustainable Development Goals (SDGs).