Boutique investment bank Freitag & Co has promoted Alexander Prüfer to the executive board as managing partner.
London-based MagicLab owns social networking and dating apps Bumble, Badoo, Lumen and Chappy
Consortium of investors supporting the funding round includes existing and new backers
Vehicle is larger than its predecessor, Xenon Private Equity VI, a €184m fund closed in July 2014
GP intends to boost the company's organic growth and further strengthen its market position