IK Small Cap II raises $676 mln

IK Investment Partners said Feb. 22 that it closed its second small cap fund at its 550 million euro ($676 million) hard cap. IK Small Cap II is nearly double the size of the firm’s maiden small cap fund, which closed at its hard cap of 277 million euros in March 2016. IK Small Cap II targets growing businesses in IK’s core markets within the Benelux, DACH, France, and the Nordics.

PRESS RELEASE

IK Investment Partners closes EUR 550 million Small Cap II Fund

IK Investment Partners (“IK”), a leading Pan-European private equity

advisory group, is pleased to announce that it has closed the IK Small

Cap II Fund (“IK Small Cap II” or “the Fund”) at its hard cap of EUR 550

million. IK Small Cap II was substantially oversubscribed and allocated

to existing IK platform investors.

The Fund is nearly double the size of IK’s maiden small cap fund, which closed

at its hard cap of EUR 277 million in March 2016. IK Small Cap I Fund has

invested in 12 companies of which three have been successfully realised to

date.

IK Small Cap II will continue to target growing businesses in IK’s core markets

within the Benelux, DACH, France, and the Nordics. The capital raised will be

deployed by a dedicated team across IK’s regional offices in Amsterdam,

Hamburg, Paris and Stockholm.

“We have always believed that the companies that fall into the size bracket of

our Small Cap fund are the real growth drivers and job creators of the

European economy. The continued confidence and support shown by our

investors is a further testament to the importance of investing in this key part

of the market and enabling companies to grow to the next level,” said

Christopher Masek, CEO at IK Investment Partners.

“We saw an unprecedented level of investment opportunities in 2017 across

a multitude of forward-thinking companies displaying enormous creativity and

drive. We look forward to continuing to identify these future industry leaders

and helping them reach their full potential”, said Kristian Carlsson Kemppinen,

Partner and Responsible for IK Small Cap funds at IK Investment Partners.

Kirkland & Ellis acted as legal counsel to the IK Small Cap II Fund.

This press release is not an offer of securities for sale in the United States or

any other jurisdiction and interests in the Fund may not be offered or sold in

the United States or any other jurisdictions save in accordance with applicable

law.