Like previous ones, the new fund will focus on medium-sized companies with succession planning issues in German-speaking regions of Europe. It predominantly seeks majority shareholdings in successful mid-sized companies in Germany, Austria and Switzerland. Thereby, Afinum consequently continues its successful investment strategy.
The fund`s volume amounts to €410m, reaching the agreed-upon Hard Cap. The fundraising process took only a few months. Beside a high number of current investors, a number of renowned new investors could be acquired as well. AFINUM’s goal is to invest up to €100m equity capital per year in new shareholdings. The team of Afinum has already been working on several investment opportunities for the new fund and expects to close the first transaction in just a few weeks.
Afinum Management GmbH was founded early 2000 and since then has been launching new funds almost every third or fourth year. At present, the Afinum team consists of 21 members in total, including 13 investment professionals.