Private Equity: Vitruvian Partners Pulls In $4.7 Billion

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Capital Raise Brings Firm Assets to Nearly $12 Billion. 

Vitruvian Partners, a UK-based private equity fund, has closed its fourth buyout fund after raking in $4.7 billion.  Vitruvian Partners launched its fund three months ago.  Its cap raise was approximately 40 percent greater than that for its previous fund, which closed at $2.8 billion.  

The private equity firm focuses on investing in high growth middle market companies in Europe.  According to a recent statement, “VIP IV reached the hard cap quickly, and was over-subscribed, in part due to Vitruvian’s long standing track record and strong alignment with investors. Vitruvian has generated top-decile performance in each of its three predecessor funds through long-term partnerships with outstanding entrepreneurs and management teams.” 

Vitruvian’s fourth fund, VIP IV, has received widespread support from investors and has partnered with 120 institutions across North America, Asia, Europe, and the Middle East.  

VIP IV fund partners represent various investment groups.  This includes Sovereign Wealth Funds, Public and Corporate Pension Funds, Banks, Insurers, and Endowments.  With VIP IV’s addition, Vitruvian’s total assets under management have reached approximately $11.8 billion.

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