UNQUOTE

Astorius holds final close for ACF III on €49m

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Astorius Capital has held a final close for its third fund-of-funds, Astorius Capital PE Fonds III (ACF III), almost hitting its т‚Ќ49m target.

The GP launched the vehicle in June 2016 with a target of €50m, which was almost fully allocated by January 2018 when it launched ACF IV with the same target.

The strategy is marketed as a private equity product for semi-professional investors in Germany.

Investors
Astorius said ACF III had a good re-up rate, which is expected to carry into ACF IV as well. The fund's LP base is made up of German high-net-worth individuals, family offices and private banks.

Investments
ACF III has built a portfolio of three country specific funds: Deutsche Private Equity III, Nazca IV and CataCap II, and two pan-European funds: Stirling Square IV and Ergon IV.  

People
Astorius Capital – Thomas Weinmann (partner).

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