
Investindustrial Build-Up Fund closes on EUR100m
Fund
Southern European private equity firm Investindustrial has closed its Build-Up Fund on its target of EUR100m after five months on the road.
Investors
The fund was raised from existing investors with only one new investor: a European family office. In total, 41% of the new commitments came from family offices, 26% from funds-of-funds, 17% from banks and insurance companies, and 16% from public pensions.
Investments
Build-Up Fund will provide additional capital to develop the portfolio of Investindustrial Fund III, which raised EUR500m in 2005 (the predecessor to the EUR1bn Fund IV raised last year).
Name: Build-Up Fund
Closed on: EUR100m September 2009
Focus: Expansion, Spain, Italy
Contact: Carl Nauckhoff
Address: Investindustrial/BI-Invest
Via Nassa 5
6900 Lugano
Switzerland
Tel: +41 91 260 8300
Advisers
MVision (Placement agent).
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