HQ Capital has beaten its target for its second co-investment fundraise by reaching a $210m final close.
The firm easily passed its $150m goal for Auda Co-Investment Fund II, which will look to build a portfolio of 30 to 35 companies, primarily in North America.
HQ has completed more than 50 co-investments since 2015.
Firm CEO Bernd Turk said, “With our co-investment program, we offer investors the opportunity to participate directly in select transactions with attractive terms.
“The high demand for this specialized strategy confirms our approach and is a testament to the confidence our investors have placed in us.”
Marc Lohser, portfolio manager of ACF II, added, “Auda Co-Investment Fund II is a continuation of our highly successful co-investment strategy that builds on the strong performance of our 2015 predecessor portfolio.
“We will remain focused on the small and mid-market, and have sized ACF II appropriately to source and execute on deals in this space.”
រដូវក្ដៅមុន HQ Capital raised its largest fund in its three-decade history.
The global alternative investment firm of the Germany based HQ Group collected $750m for the final close of its Auda Capital VIII vehicle.
HQ said it would use the capital to invest in primaries, secondaries, and direct co-investments in the small and mid-cap segment of the private equity market, via three regionally-focused programmes in Asia, Europe and the US.
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Source: https://www.altassets.net/private-equity-news/by-pe-sector/buyout/hq-capital-collects-210m-to-beat-target-for-second-co-investment-fundraise.html
