
One Peak closes second growth fund on €443m
One Peak Partners has closed One Peak Growth II on €443m.
The fund's predecessor closed on €250m in December 2014.
Proskauer Rose and Van Kampen Liem served as fund counsel, while Houlihan Lokey served as placement agent for One Peak Growth II.
Investors
Commitments to One Peak Growth II came from several different types of LP including university endowments, foundations, public pension plans, funds-of-funds and family offices.
Investments
The fund will primarily target significant minority interests in Europe-based technology companies with plans to expand globally. The firm will provide growth capital, capital for acquisitions, shareholder liquidity and capital for management buyouts.
The firm generally invests €5-30m per business in companies with run-rate revenues of at least €5m.
Typical holding periods for the firm are three to five years.
People
One Peak Partners – David Klein (managing partner).
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