Tar Heel Capital closes latest fund on €50m
Polish GP Tar Heel Capital has held a first and final close for its latest fund, THC II, on €50m following a three-month fundraising period.
The GP had previously been investing on a deal-by-deal basis, before beginning fundraising for its first institutional fund.
Athos Partners acted as the sole placement agent for the fund.
Investors
The vehicle received commitments from European institutional investors.
Investments
The fund will acquire majority stakes in Polish SMEs. The fund is not sector-specific, but particular attention will be given to the manufacturing and industrial sectors and companies with a B2B approach.
People
Grzegorz Bielowicki is founder and managing partner of Tar Heel Capital.
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