The Ufenau V German Asset Light fund, advised by Ufenau Capital Partners, has held its final closing at the fund’s hard cap of EUR227 million.
In addition to commitments from returning investors, which included entrepreneurs that form part of Ufenau’s Industry Partner network, Ufenau V received new commitments from a number of global blue chip investors.
Ufenau V was significantly oversubscribed.
Ufenau V will pursue the same investment strategy as its predecessor funds, with a focus on applying a systematic buy-and-build strategy to majority investments in asset light service companies in Germany, Switzerland and Austria; entrepreneur-led companies with sales of EUR15 million to EUR150 million and profitable business models; and business services, education & lifestyle, healthcare and financial services.
Ufenau Capital Partners pursues an active value-adding investment approach at eye-level with entrepreneurs and managers.
Within the next three to five years the fund expects to invest in 10 to 12 majority investments in German-speaking Europe.
Ralf Flore, managing partner, says: “We are very pleased by the faith that our existing and also new well-known investors have entrusted in our ability to generate attractive returns through our very distinctive investment approach. In recent years we have proven many times, that with our focused strategy we have been able to attract distinguished investors as well as exceptional companies in which to invest.”