Swiss Patrimonium Asset Management (Patrimonium), a EUR3 billion private market investor, has held the first close of its latest private equity fund, the Patrimonium Private Equity Fund, at EUR100 million.
Swiss Patrimonium Asset Management (Patrimonium), a EUR3 billion private market investor, has held the first close of its latest private equity fund, the Patrimonium Private Equity Fund, at EUR100 million.
Institutional investors from Switzerland and the rest of Europe, as well as family offices, participated in the first close.
The fund, which has a target size of EUR200 million, has already completed its first investment and currently negotiates further investments and add-ons, according to the Swiss asset manager.
The fundraise puts Patrimonium’s latest fund in the position of taking advantage of the upcoming cycle’s opportunities with “excellent and reasonably priced acquisition targets,” says Patrimonium.
Patrimonium Private Equity focuses on the lower mid-market in the DACH region (Germany, Austria, Switzerland). The track record of its investment team builds on a hands-on buy-and-build approach and a focus on the digital transformation of its portfolio companies.
Founded in 2007 by Christoph Syz, Daniel Heine and Stephane Bonvin, Patrimonium launched its private equity division in 2017. The firm has invested more than CHF340 million across 30 acquisitions and 29 exits to date.
