
Omnes launches new funds
Omnes Capital has announced its vehicles Omnes Real Tech, Omnes Expansion III and Mezzanis III will hold closes in 2018.
Omnes Capital's Martine Sessin-Caracci told Unquote that vehicle Omnes Real Tech is meant to be holding a €50-75m close in Q3 2018, on the road to reaching its €100m target. The fund has a €150m hard-cap.
About two-thirds of Omnes Real Tech's capital will be invested in French technology companies, namely startups in the fields of sensors, high-end semiconductors, equipment, advanced software solutions and big data, as well as new materials. A few investments should take place in Germany and Benelux as well.
Sessin-Caracci disclosed the GP is aiming to have a third of LP commitments from corporates.
The small-cap fund Omnes Expansion III should hold a first close by September 2018, Sessin-Caracci disclosed. Additionally, by year-end, the GP hopes to hold a close for its mezzanine fund, Mezzanis III. The fund has a hard-cap of €100m and will invest between €3-15m in companies valued up to €300m.
Omnes has no immediate plans to raise an additional mid-cap buyout fund, explained Sessin-Caracci to Unquote's sister publication Mergermarket. She added that its next mid-cap buyout vehicle would not be raised before the end of 2019.
Its existing mid-cap vehicle, Omnes Croissance IV, launched in 2014 and closed on €210m, according to Unquote Data; the fund is still being deployed.
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