JC Flowers & Co has completed fundraising for its fifth private equity fund, JC Flowers V LP, with more than $1.1 billion in commitments.
Limited partners in JCF V represent a diverse group of corporate pension funds, sovereign wealth funds, insurance companies, foundations and endowments, and family offices. JCF V received strong support from existing longtime investors as well as highly respected new investors, with institutional investors located across Asia, Europe, Middle East, and North and South America.
JC Flowers targets investments across all sub-sectors of the financial services industry, including banks, insurance and reinsurance, specialty and consumer finance, asset management and financial technology and securities firms. The firm has deep experience navigating the complexities of the global regulatory landscape, and has been approved for various investments in financial services companies in 18 jurisdictions.
Teams in New York and London drive value in the firm’s portfolio companies through operational transformation and balance sheet optimisation.
To date, approximately 40% of JCF V has been invested, including announced platform investments in Ariel Re, Inigo Insurance, iLendingDirect, Insigneo Financial Group, LMAX Group, Tricor Insurance and Solomon Wealth.
