BC Partners has secured approximately €1.8bn ($2.1bn) in investor commitments for its new flagship fund, with the private equity firm aiming for a first close by the end of 2025, according to a report by Bloomberg citing unnamed sources familiar with the matter.
The commitments could rise to €2bn at the first close, although final fundraising totals and timing remain subject to market conditions.
The London-based firm, which manages around €40bn in assets, initially targeted a €5bn to €6bn raise for the fund. Over the past two years, BC Partners has returned roughly €17bn to investors, supported by exits including its sale of Dutch drugmaker Synthon to Goldman Sachs’ alternative investment arm and its divestment of a controlling stake in Canadian security services firm GardaWorld.
