Quantum Capital Partners, founded by turnaround specialist Steffen Görig, has held a first and final close for its inaugural private equity fund after less than nine months of fundraising.
The limited partners of the oversubscribed EUR55 million Quantum Opportunity Fund are a select group of US and European institutional investors. The Quantum team members have also made a significant personal commitment to the fund.
Based in Munich, Quantum Capital Partners invests in underperforming companies in a broad spectrum of industries, offering turnaround finance as well as operational support. Managing its own capital since 2008, Quantum has built a strong track record acquiring businesses from groups such as Airbus, BASF, Bosch, Deutsche Bahn, Mahle, Norsk Hydro and others.
Görig and his team invest across Western Europe in a broad spectrum of industries, often through complex structures involving carve-outs from large conglomerates, purchases out of receivership and other special situations.
Görig says: “We are grateful for the outstanding support from our limited partners. We have an excellent deal pipeline and we are committed to a focus on value creation in complex turn-around situations.”
