Access Capital Partners (Access) is pleased to announce the first closing of Access Co-Investment Fund Buy-out Europe (the “Fund”), its co-investment fund focusing on direct investments into European smaller buy-out transactions alongside experienced European General Partners.
With a target size of €150 million, the Fund has so far secured €70 million of commitments from existing and new investors. The Fund will be invested alongside a single client mandate.
The Fund leverages the firm’s longstanding relationships with close to a hundred General Partners across the smaller buy-out market in Europe, built over its 16-year history of primary and secondary fund investments in that segment.
Commenting on the Fund closing, Access’ Managing Partners indicate: “we appreciate the support of our investors for this new Fund, which complements their existing Access fund investments and brings significant benefits such as faster deployment into high quality small and mid-cap companies and the potential for higher returns.”
The Fund aims at constituting a diversified portfolio of approximately 15 co-investments, with a particular emphasis on entrepreneurial businesses with attractive growth profiles and a solid base for add-on acquisitions. Access’ Partners in charge of the selection and execution of co-investments comment: “the Fund benefits from the large and steady deal flow of pre-qualified investments originated from Access’ longstanding partnerships with proven European smaller buy-out managers.”
As a signatory of the Principles for Responsible Investment, Access pays particular attention to the application of Environmental, Social, and Governance (ESG) criteria to the management of the Fund.
About Access Capital Partners
Access Capital Partners is an independent European fund manager, active in European private equity, private debt and infrastructure, with offices in five European countries and assets under management of €5.6 billion from a diversified base of international institutional investors. The firm’s products and services encompass primary fund investments and secondary transactions as well as co-investments.