Cipio Partners Holds First Close on Sixth Fund

Cipio Partners has held a €61 million first close on its sixth direct secondaries fund, which is targeting €200 million.


Shortly after the recently announced acquisition of a portfolio of direct investments from 3i Group Plc,
Cipio Partners, Europe’s leading secondary direct investment firm, announced the first closing of its
sixth fund generation at € 61 million.  Investors include institutional investors and family offices.  The
target size for the core fund Cipio Partners Fund VI S.C.S., SICAR is € 200 million.
Hans-Dieter Koch, a Managing Partner, noted: “The first close represents a major milestone in an
otherwise challenging fund-raising environment and allows Cipio to benefit from the currently
extraordinary deal flow and investment opportunities in the secondary direct market.  We are delighted
that limited partners, despite their various challenges, have recognized the highly attractive returns
proposition from secondary direct investments.  Cipio will take full advantage of the opportunity.”
Following strong backing by European investors, Cipio Partners is now commencing its US fund-
raising.  Maximilian Schroeck, a Managing Partner in Cipio’s San Jose, CA office: “Cipio Partners
offers a compelling investment proposition for North American investors seeking a downside-
protected, highly diversified strategy with proven return potential.”

About Cipio Partners
Cipio Partners is a leading investment management firm in the secondary direct market.  Founded in
2003, Cipio Partners manages an international portfolio of late-stage venture and growth capital as
well as selected mid-market investments from offices in Munich, Luxembourg and San Jose, CA.