Euro Choice V Closes with $211M

Akina, a specialist advisor to private equity vehicles, has closed its private equity investment program Euro Choice V has closed with EUR 173.5 million ($211.4 million). Euro Choice V focuses on the mid and lower-end of the European market through – primary and secondary – buyout, growth capital and, selectively, special situations fund investments.

PRESS RELEASE

Akina, the leading specialist advisor to private equity vehicles, is pleased to announce a close of its flagship product Euro Choice V and its parallel investment vehicles. The strategy of Euro Choice V focuses on the mid and lower end of the European market through – primary and secondary – buyout, growth capital and, selectively, special situations fund investments.

 

Christopher S. Bödtker, Managing Partner of Akina, comments: “This achievement is the recognition and trust of our existing and new investors, that the fifth generation will continue the successful Euro Choice strategy and deliver superior investment performance to them. Considering the significant demand for additional commitments, we are planning further closings after the summer break.”

 

“The demanding market environment in Europe requires investors to work with specialists close to the market”, explains Thomas Frei, Senior Partner of Akina. “Our in-depth understanding of the European market as well as of our investors, in combination with our excellent track record and long-lasting experience, convinced investors to commit to Euro Choice V. We would like to thank them for their trust and support.”

 

Mark Zünd, Senior Partner of Akina adds: “The current market environment is favourable for private equity as it provides for a healthy deal flow at very interesting entry levels for primary as well as secondary fund investments. However, taking advantage of the opportunities will not be straightforward. Our performance is driven by strong macro convictions, aiming to identify and exploit the sweet spots in Europe. A clear investment strategy is then implemented by locally anchored professionals through a rigorous and disciplined investment process.”