Egeria Private Equity Fund IV closes on €600m
Egeria has held an oversubscribed first and final close for its fourth private equity fund, reaching its hard-cap of €600m.
Acanthus Advisers, represented by managing director Armando D'Amico, acted as sole placement agent for the fund.
Egeria's third fund exceeded its €400m target and closed on €500m in July 2008.
Investors
Egeria primarily targeted existing investors in its fundraising process. 80% of commitments came from European LPs, with 25% being raised among Dutch investors. The remaining 20% of capital was committed by North American investors. Egeria itself committed more than €60m to the fund.
Investments
The fund is looking to source 2-3 deals p.a. in the Dutch mid-market. Employing a generalist approach, the fund does not invest in software or biotechnology.
People
Partner Caroline Huyskes is responsible for the fund at Egeria.
Advisers
O'Melveny & Myers and Loyens & Loeff provided legal advice to Egeria.
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