Macfarlanes has advised software focused growth equity investor FPE Capital on its latest fund, FPE Fund III, which has successfully closed at a raised hard cap of £185 million.
The latest fund will continue to build on the firm’s track record of being the first institutional investor into founder and entrepreneur led businesses.
The fund received commitments from existing investors with a 100% institutional re-up rate from Fund II and a group of new investors including pension funds, insurance companies, endowments and foundations, financial investors and family offices.
