A German mid-market buyout firm has raised a €700m fund in just a few months in a tough fundraising market, after widening its pool of investors to include more Asian and US commitments.
Beteiligungs announced the final close at its upper limit above its €660m target today after launching the process in May. A total of €567m came from external investors and €133m came in the form of a co-investment from the firm itself, which is listed.