August Equity (August), a UK private equity firm focused on the lower mid-market, has held the final close of Fund VI at an increased hard cap of £350m, making it the largest investment vehicle raised by the firm to date.
Fund VI has attracted a strong and diverse group of investors from around the world, including US endowments, Asian pension funds, and top European groups from the Nordics, the UK, Continental Europe, andSouthern Europe. Strong support from long term investors and new partners helped the firm surpass its initial fundraising target.
Fund VI will follow August’s proven investment approach for sourcing primary deals and partnering with experienced management teams to grow exceptional businesses in specific sectors that compliment current investments in technology, compliance, education, and healthcare.
