
Mezzanine Management seeks €250m for fourth fund
CEE-focused GP Mezzanine Management is looking to raise €250m for its fourth fund, Accession Mezzanine Capital IV.
According to a project summary document published by the European Bank for Reconstruction and Development (EBRD), the GP is targeting €250m for Accession Mezzanine Capital IV.
The document also shows Mezzanine Management is seeking a €40m commitment to the fund from EBRD, which is an investor in the firm's first three funds. Its previous fund, Accession Mezzanine Capital III, launched in 2009 with a target of €350m.
Mezzanine Management had not responded to a comment request by unquote" at the time of publishing.
Investors
EBRD is considering an equity commitment of up to €40m. Mezzanine Management's previous Accession Mezzanine Capital funds have been backed by LPs including institutional and private investors from the US and Europe.
Investments
The GP's latest fund will follow the strategy of its predecessors, providing mezzanine and structured finance products to SMEs, mid-market companies and buyouts across CEE. Accession Mezzanine Capital IV's remit also includes the opportunity to make selective deals in Turkey and Greece.
People
Mezzanine Management – Christian Stix (head of investor relations); Franz Hoerhager (founding partner).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater