Private Equity

AnaCap Financial Partners holds €700m second close

The firm, which is expected to wrap up fundraising this year, is one of a number of other private equity houses that are raising dedicated financial services funds

AnaCap Financial Partners holds €700m second close

AnaCap Financial Partners, a UK-based financial services-focused firm, has held a €700 million second close on its third fund, according to a person familiar with the matter.

The firm, which came to market in January 2014, is targeting €900 million for the vehicle, which has a €1 billion hard cap. The fund held a €500 million first close in June last year.

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