
Mandarin Capital Partners to invest in DACH region
Sino-European investor Mandarin Capital Partners (MCP) has opened a Frankfurt office as part of its widened focus.
The GP is currently raising its second fund, Mandarin Capital Partners II, which will consider companies in the DACH region. The fund has a €500m target and a first close is expected in June, the investor told unquote".
"I always felt fund II should include Germany," Alberto Forchielli, founder and managing director of MCP, told unquote". "And 90% of the industrial firms that Chinese investors are targeting are in the corridor running from Florence to Hamburg," he added.
Opportunities in manufacturing and technology in the mid-market will be sought out.
Target companies include those operating in healthcare, environmental technology, specialised chemicals for oil and gas, product safety and energy savings.
Minority and majority stakes will be acquired with equity tickets ranging from €30-50m.
Markus Solibieda will head up the Frankfurt office. He has 18 years' experience in private equity across Germany and western Europe.
Up until now, the GP had focused on investments in China and Italy. MCP has completed 10 deals from bases in Milan, Beijing and Shanghai.
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