Siparex closes Midcap 3 fund on €170m
Siparex has held a final close for its Siparex Midcap 3 vehicle, exceeding its original €150m hard-cap.
Siparex Midcap 3 is larger than it predecessor, Siparex Midcap 2, which closed on €130m in 2012.
Investors
Historical investors represent 75% of commitments. Among the main subscribers are Siparex Associés, sponsor of the Siparex funds, and the Crédit Agricole group. In a statement, the GP disclosed that the presence of family investors has increased and now represents 40% of commitments.
Investments
The vehicle, targeting companies with a turnover of between €15-100m, currently has five investments in exclusivity under its belt, including majority stake acquisitions.
Like its predecessors, the fund will support businesses, either as a majority or minority backer, in structuring governance, acquisitions, internationalisation and digitalisation.
People
Siparex – Pierre Bordeaux-Montrieux (managing partner); Nicolas Eschermann (investor relations, business development).
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









