
Inflexion collects £500m in double fundraise
Inflexion Private Equity has closed its Inflexion Enterprise Fund IV on £250m, as well as its Inflexion Supplemental Fund IV, also on £250m.
Both funds were raised within eight weeks and without the support of a placement agent.
The vehicles were advised by Ashurst and Carey Olsen.
Investors
Both funds were raised entirely from Inflexion's existing LP base, comprising investors from Europe, the US and Asia.
Investments
Inflexion Enterprise Fund IV will focus on the UK lower-mid-market and will continue to use its predecessor funds' strategies, investing equity of between £10-20m for both majority and minority stakes. The vehicle will invest across all sectors throughout the UK.
Inflexion Supplemental Fund IV will invest alongside Inflexion Buyout Fund IV, a £650m fund, as well as Inflexion Partnership Capital Fund I, a £400m fund, both of which were raised in 2014. The vehicle will enable the GP to co-invest alongside the larger buyout and partnership funds.
People
Inflexion Enterprise Fund – Tim Smallbone (partner).
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