Van Lanschot Kempen Investment Management has launched a new private equity fund focused on North America. Named Kempen North American Private Equity Fund II, the firm says it allows private banking clients to invest, through carefully selected specialised private equity managers and direct co-investments, in small and mid-sized private companies in North America.
This is the second fund focused on North America and the sixth private equity fund that Van Lanschot Kempen has launched since 2018. Like its predecessor, the fund is offered in a closed-end structure with a ten-year term.
The firm says that by combining investments in private equity funds with co-investments, the fund achieves strong diversification and is designed to generate positive cash flow sooner.
