
Cinven looking to raise €5bn fund
Private equity firm Cinven is reported to have started fundraising for its fifth buyout fund, targeting €5bn.
According to sources the first close is expected in autumn this year.
Cinven raised the last fund, the Fourth Cinven Fund in 2006 with a final close at €6.5bn. About 70% of the fund has been invested and Cinven is reportedly looking to extend the investment period by another year.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater