Silverfleet Capital is back in the market with its new fund, marking the European mid-market buyout firm’s second independent pool of capital since spinning out from the UK insurer Prudential.

The London-based firm, which owns companies including UK shoe retailer Office, is targeting €700 million for Silverfleet Capital Partners II, according to a filing with the US Securities and Exchange Commission. Credit Suisse is acting as the placement agent for the fund.