Keensight launches fifth fund with €750m target
French GP Keensight Capital, specialised in growth buyouts, has launched its Keensight Capital V vehicle targeting a €750m final close, significantly more than its predecessor.
The fifth generation fund will pursue a very similar strategy to its predecessor Keensight Capital IV, investing in companies with revenues in the range of €15-250m and related to the information technology, internet, healthcare and wellbeing sectors, Unquote understands.
Although the vehicle is currently on the fundraising trail, it is unclear at this stage when a first close for the fund is to be expected, a person familiar with the situation told Unquote.
Keensight Capital IV held a final close on €250m in 2014. Having said this, the fund's size was subsequently increased to €450m, the source told Unquote.
Keensight declined to comment on the fund launch.
Some of the companies managed by Keensight Capital IV include Lisbon-based Vision Box, a developer of biometric technologies used for security purposes by airports worldwide; and Verona-headquartered Tecres, a bone cements and substitutes developer, subsequently merged with Aap Biomaterials and renamed as Demetra.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









