Bain, KKR Set To Raise New European Funds

Dec 19 2013 | 2:41am ET

A host of private-equity firms are honing their pitches for the fundraising trail next year, seeking nearly US$30 billion for funds focused on Europe.

Bain Capital, Bridgepoint Capital, Charterhouse Capital Partners and Kohlberg Kravis Roberts are among the larger firms planning European funds in 2014. Smaller players also seeking investors include Altor Equity Partners, AnaCap Financial Partners, Exponent Private Equity, HitecVision and Silverfleet Capital, according to Financial News.

Even Equistone Partners Europe, which closed its last fund less than a year ago, may seek to raise another next year.

"In Europe we have certainly seen the fundraising recovery in 2013, and for 2014 I expect a gradual recovery in investing and fundraising," AlpInvest Partners' Tatiana Chopova told FN. "Public valuations have increased significantly, implying that many investors have become underexposed to private equity relative to their targets. There were also a lot of exits this year, which dwarfed new investments, again amplifying the denominator effect."


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...