Castik Capital, a Luxembourg-based private equity investment firm, announced the final close of its third fund, EPIC III, with total capital commitments of €2 Billion.
The fundraise exceeded its target of €1.75 Billion and represents a 60 per cent increase on its predecessor fund, EPIC II, which closed at €1.25 Billion in October 2020.
EPIC III will follow Castik Capital’s investment strategy of creating market leaders by focusing on high-quality and growing businesses, in highly fragmented markets, that are headquartered in Europe and led by management teams or founders.
Founded in 2014, Castik Capital is a multi-strategy investment manager, managing investments in private equity and acquiring significant ownership positions in European private companies, where long-term value can be generated through active partnerships with management teams. The firm focuses on identifying and developing investment opportunities across Europe, and partners with management teams on specific value-creation plans to achieve an improved growth trajectory – through expansion to new markets, add-on M&A, and investments into the core business, such as digitization and new technology.
FinSMEs
09/09/2024