Alpha Private Equity said June 6 that its seventh mid-market Pan-European private equity fund with 903 million euros ($1.01 billion) in total commitments. The target of Alpha Private Equity Fund was 800 million euros. The pool will seek control investments in continental European mid-market companies with a strong global edge or an innovative competitive advantage. Capstone Partners served as exclusive placement agent on the fundraise. Legal and tax advisers include Willkie Farr & Gallagher LLP, Arendt & Medernach, Reed Smith and Baker & McKenzie.
Alpha Private Equity (“Alpha”) today announced the final closing of its seventh mid-market Pan-European private equity fund, Alpha Private Equity Fund 7 (“APEF 7”), with total commitments of €903 million, significantly surpassing the fund’s target cover of €800 million. Investors in the fund include a diverse group of pension funds, funds of funds, financial institutions, insurance companies, family offices, and government agencies in Europe, United States, and the Middle East
Throughout its existence, Alpha has deployed over €2.9 billion in 88 transactions and generated 77 exits. With its offices in Italy, France, Germany, Benelux, and Switzerland, Alpha will continue its successful, pragmatic and opportunistic investment strategy, by focusing on control investments in continental European mid-market companies with a strong global edge or an innovative competitive advantage.
Alpha said: “We are extremely pleased with the exceptionally positive response that our seventh Fund has received in the market. We have exceeded our target of €800 million, raising over €900 million from an impressive world-class investor base and will continue to work intensively on our portfolio companies through build-ups, international development, performance enhancements, team reinforcements, as well as leveraging on our network of operating partners and successful CEOs”.
Capstone Partners served as exclusive placement agent on the fund raise.
Legal and tax advisers to the Fund:
– Willkie Farr & Gallagher LLP
– Arendt & Medernach
– Reed Smith
– Baker & McKenzie
About Alpha private Equity
Alpha is a leading mid-market firm operating in the continental European market, with a unique and differentiated approach that has delivered consistent, top quartile performance across economic cycles. Thanks to its reputation and extensive network of relationships, Alpha is able to invest predominantly in primary deals in family-owned businesses. Alpha has a highly experienced team of 32 individuals across 6 offices.