Cinven raises 2.3 billion with its new mid-market fund
El tamaño del vehículo supera en un 50% el tamaño objetivo del vehículo, Leer
Cinven, a British private equity firm, has raised €2.3 billion for its new mid-market fund, Strategic Fund 2 (SF2). The fund, which targets European companies valued between €200-600 million, exceeded its initial target of €1.5 billion by 50%. SF2 will focus on investing in financial services, business services, and telecommunications and media (TMT) sectors in the DACH region, Iberia, UK, and Ireland. The fund has already completed four investments, including Objectway, Flint Global, Ongoing Warehouse, and Optio Group.
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