Capvis Equity Partners has closed Capvis Equity IV with capital commitments of 720 million euros. The fund was oversubscribed, exceeding its target of 600 million euros and reaching its hard cap.
Capvis Equity Partners AG (“Capvis”), a leading private equity
adviser in Switzerland, Germany and Austria, is pleased to announce the final closing of
Capvis Equity IV (“the Fund”) with capital commitments of EUR 720 million. The Fund was
oversubscribed, exceeding its target of EUR 600 million and reaching its hard cap.
Capvis received strong support from its existing investor base, with more than 80%
committing to the Fund. The Fund also attracted a number of major new investors from
across the globe, particularly from North America, and saw strong backing from local
German and Swiss institutions, which contributed over a third of the capital raised. The
investor base includes renowned public and corporate pension plans, insurance companies,
sovereign wealth funds and fund of funds.
“We are delighted that so many of the existing investors have demonstrated confidence in
the Capvis’ strategy by committing to the Fund. Capvis’ proven ability to return capital to
investors has resulted in an efficient and successful fundraise.” said Daniel Flaig, Partner at
Capvis Equit Partners. “We would like to take this opportunity to welcome both new and
existing investors. We are now looking forward to capitalising on the exciting investment
opportunities in German Speaking Europe” added Rolf Friedli, Partner at Capvis Equity
The Fund will continue to implement Capvis’ value creation-oriented approach to investing in
leading mid-sized companies, aiming to drive growth, improve the strategic profile and
increase profitability. To achieve these goals, the Fund aims to build excellent management
teams, supported and enabled by strong boards of directors. As in previous funds, a majority
of investments made by the Fund is expected to originate from either family-owned
companies or larger corporates, often negotiated on an exclusive basis.
MVision Private Equity Advisers Limited acted as exclusive global fundraising adviser for the
Fund. Latham & Watkins acted as legal counsel.
Capvis Equity Partners AG is a leading private equity adviser in Switzerland, Germany and
Austria, investing primarily in controlling stakes in medium-sized companies. Capvis aims to
support management teams in releasing entrepreneurial potential and achieving new levels
of excellence. Since 1990 Capvis has completed 44 transactions with a total volume of more
than EUR 4 billion. Capvis has floated nine companies on stock exchanges and has
repeatedly been voted Switzerland’s best private equity firm by the international financial
press, in addition to being voted best private equity firm in Germany in 2012.