
Agilitas 2020 Private Equity closes on €565m
Agilitas has closed Agilitas 2020 Private Equity on its hard-cap of €565m.
The fund has surpassed its initial target of €425m, a source close to the matter told Unquote.
Advisers to Agilitas on the fundraising included Credit Suisse Private Fund Group as placement agent, Ashurst as legal adviser and EY as tax adviser.
Investors
Despite the pandemic, the fund recorded strong demand from global investors, according to Agilitas.
Agilitas 2020 Private Equity attracted capital commitments from a broad range of LPs across Europe, North America, the Middle East and Asia.
Investments
Agilitas 2020 Private Equity will follow the same strategy as Agilitas's previous funds. It will focus on mid-market companies across western Europe, within a range of sub-sectors where the firm has built in-depth knowledge over the years. This includes, but is not limited to, high-acuity healthcare, environmental technologies and services, education and essential infrastructure.
The fund intends to follow a highly selective and responsible investment approach, by backing businesses that have a positive impact on society or the environment, with the aim of aligning strong shareholder returns with sustainable, non-financial goals.
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