
C5 Capital aiming to close second fund in Q1 next year
Cybersecurity-focused investor C5 Capital is understood to be raising its second fund, with a final close targeted for Q1 2019.
The vehicle has a target of $200m. It is expected to close in Q1 2019 and will make its first investment in Q3 2018. The launch date, potential first close and amount raised so far all remain undisclosed.
The fund's focus is mid- to late-stage cybersecurity, cloud computing infrastructure, artificial intelligence and data analytics. Targets need to have double-digit revenue, referenceable clients, to be cash-positive and have no technology risk.
C5 owns six companies through its initial 2013-vintage $100m fund. The fund is understood to be fully allocated but with dry powder left for follow-on investments.
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