bd-capital, a pan-European, operator-led private investment firm, has held the final closing of its second fund, bd-capital Fund 2 at €430m in total capital commitments – 20% higher than its initial fundraising target of €350m.
The fund, which closed after less than twelve months in the market, bring bd-capital’s assets under management to over €800m.
Commitments to Fund 2 were secured from a diverse cohort of institutional investors, including insurance companies, pension funds, sovereign wealth funds and family offices. In addition to Europe and the Middle East, a significant proportion of capital came from North American investors.
bd-capital brings a highly differentiated investment approach to the European mid-market, utilising an operator-led strategy where its team of private equity investors and experienced business leaders work together in full partnership across all aspects of sourcing, diligence, execution and value creation.
bd-capital was supported by its partners at Houlihan Lokey (exclusive global placement agent), Weil, Gotshal & Manges (legal counsel), and Langham Hall (fund administration).
